Julian Alvarez transfer: Atletico Madrid agree £81m fee to sign Man City and Argentina forward

Published on Aug 06, 2024

Man City and Atletico Madrid have agreed a deal for Julian Alvarez worth up to £81m (€95m).

Talks have been progressing well between the clubs over the last 24 hours. Atletico will pay £64m up front (€75m) with a further £17m of potential add-ons (€20m), which will be a record sale for City.

It represents a huge profit on the £14m the Premier League champions paid River Plate for the Argentina forward in January 2022.

Personal terms still have to be agreed, although this is not expected to be a problem.

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When does the summer transfer window open and close?

The 2024 summer transfer window officially closes on August 30 at 11pm UK time in the Premier League and 11.30pm in Scotland.

The Premier League has brought forward Deadline Day to link up with the other major leagues in Europe. The closing dates were set following discussions with the leagues in England, Germany, Italy, Spain and France.