Overview
- Multiple Catalan reports say Barcelona have shifted strategy to sign a ready‑made centre‑forward, with Álvarez identified internally as the preferred option.
- Ben Jacobs reports Deco held initial talks with Álvarez’s camp this month to gauge feasibility, but there is no agreement and planning remains exploratory.
- Atlético Madrid president Enrique Cerezo has publicly stated the club does not intend to sell Álvarez, who is under contract through 2030.
- Competing interest is reported from Chelsea, Paris Saint‑Germain and Bayern Munich, with claims of a Chelsea bid and Bayern considering a nine‑figure move described as unconfirmed.
- Media valuations vary widely from about €100m to figures exceeding €200m, while Álvarez’s 2025‑26 scoring dip is noted as a potential factor in any summer decision.