Manchester City are poised to receive a significant windfall if Julian Alvarez leaves Atletico Madrid this summer, thanks to a 10% sell-on clause inserted into his 2024 transfer. The Argentine striker has been linked with Arsenal, Barcelona, and Real Madrid, with the latter having a £130m bid rejected by their city rivals.
How the Sell-On Clause Works
City sold Alvarez to Atletico in 2024 for £64.4m, with add-ons potentially raising the total to £81.5m. The Blues negotiated a 10% sell-on clause on any profit Atletico makes from a future sale. This means if Alvarez is sold for £120m, City would receive around £4m; a £160m sale would net approximately £8m. The exact figure depends on the bonuses and clauses already triggered.
Clubs Interested in Alvarez
Premier League champions Arsenal have been heavily linked with the 26-year-old, while Real Madrid saw a £130m offer turned down. Barcelona are also monitoring the situation. Alvarez's release clause at Atletico stands at €500m, making a direct buyout unlikely.
City's Strategy with Sell-On Clauses
City routinely include multiple clauses in player sales, including sell-ons and matching rights. This allows them to re-sign players if another club makes a bid, as seen with James Trafford last summer. Alvarez, who won the Treble in his first season at the Etihad and six major honours overall, became City's record sale when he left.
According to sources close to the club, City are waiting to see how the transfer window develops but are confident of receiving a payout should Alvarez move.
