Atlético Madrid has officially signed Julian Alvarez from Manchester City in a deal worth approximately $104 million.
The Spanish club announced the transfer on August 12, 2024, highlighting the significant financial commitment involved in acquiring the Argentine forward.
Check complete details on Julian Alvarez’s transfer money, which he will get after he leaves Manchester City to join Atletico Madrid.
Breakdown of the Transfer Fee
The transfer is structured as follows:
- Initial Fee: Atlético Madrid will pay $82 million (£64 million) upfront for Álvarez.
- Performance-Related Bonuses: An additional $22 million (£17 million) is available based on performance-related criteria, potentially bringing the total value of the deal to $104 million.
This transfer not only marks a record sale for Manchester City but also represents a substantial profit, as Álvarez was acquired from River Plate for £14 million in January 2022.
Who is Julian Alvarez?
Julian Alvarez joined Manchester City in 2022 and quickly established himself as a key player. Over his two seasons at the club, he made 103 appearances, scoring 36 goals and providing 18 assists.
His contributions were pivotal in helping City secure six major trophies, including the Premier League, FA Cup, Champions League, and the Club World Cup.
Álvarez also played a significant role in Argentina’s success, being part of the squad that won the FIFA World Cup 2022 and the 2021 Copa América.
His performances at both club and international levels have solidified his reputation as one of football’s rising stars.
Expectations at Atlético Madrid
At Atlético, Álvarez will wear the No. 19 jersey and will be under the management of Diego Simeone.
His arrival is seen as a strategic move to bolster Atlético’s attacking options, especially after a disappointing previous season where they finished fourth in La Liga and were eliminated in the Champions League quarterfinals.
The club aims to improve its performance in the 2024/25 season, and Álvarez’s skills are expected to play a pivotal role in that endeavor.
Julian Alvarez’s transfer to Atlético Madrid for a total of $104 million underscores the financial strength of both clubs and the growing market for top-tier talent in football.
