Atlético Madrid and Manchester City are in advanced talks regarding the transfer of Julián Álvarez, with a transfer fee of approximately €80 million reportedly agreed upon.
The two clubs are currently working out the specifics of the payment structure, and Atlético Madrid's latest proposal includes an offer of €75 million plus additional performance-related add-ons.
Despite the agreement on the transfer fee, the deal is not yet complete as Atlético Madrid still needs to finalize personal terms with Álvarez. The forward is currently on a lucrative contract with Manchester City, which could impact the negotiations.
Moreover, the completion of Álvarez's transfer is contingent on the departure of Samu Omorodion from Atlético Madrid. The club is in discussions with Chelsea regarding Omorodion's transfer, which is reportedly valued at £35 million. This move is crucial as it will free up funds and roster space necessary for Álvarez's arrival.
The transfer is expected to be finalized in the coming days, with Álvarez anticipated to sign a five-year contract with Atlético Madrid once all conditions are met.
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