Atletico CEO says no to £170m Alvarez bids as Man City await sell-on fee
Atletico CEO: No £170m Alvarez bids, Man City await fee

Atletico Madrid CEO Miguel Angel Gil has made it clear that the club will not sell star striker Julian Alvarez for any price, even £170m, in a move that could frustrate Manchester City's hopes of a transfer windfall.

City's sell-on clause at risk

Manchester City inserted a 10% sell-on clause on any profit from Alvarez's transfer when they sold him to Atletico in 2023 for a club-record fee exceeding £81m with add-ons. If Atletico sold Alvarez for £120m, City would receive around £4m; a £160m sale would net roughly £8m. However, Gil's强硬 stance means City may receive nothing.

Gil's unlimited refusal

In a video posted to Atletico's social media, Gil said: “My opinion is clear, the club's will is clear... We don't want to transfer him; we won't accept the €100million offer, nor will we accept one for €150million or €200 million (£170million).” He emphasized that Atletico considers Alvarez the perfect striker and wants to keep him.

Wide Pickt banner — collaborative shopping lists app for Telegram, phone mockup with grocery list

Alvarez's rising value

Alvarez, now 26, has impressed in La Liga and is a key player for Argentina, which is one game away from winning back-to-back World Cups. Arsenal and Barcelona have shown interest, and a move would be Alvarez's preference, but Atletico remain resolute.

Pickt after-article banner — collaborative shopping lists app with family illustration