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Real Madrid Reportedly Preparing €150m Offer for Julián Álvarez

A proposed bid would force Atlético to consider a rare sale to its city rival, reshaping transfer valuations this summer.

Overview

  • Spanish media and Sky Sports reported on Monday that Real Madrid plans a proposal around €150 million to sign Julián Álvarez from Atlético de Madrid.
  • Club president Florentino Pérez publicly said the team will make an important offer of about €150 million and described the target as an attacking player who is not Erling Haaland or from the Premier League.
  • Atlético has reportedly valued Álvarez near €120 million and is said to have rejected an earlier Barcelona offer of roughly €100 million, creating a tense negotiating position for the club.
  • Álvarez’s agent, Fernando Hidalgo, denied any contact or concrete approach from Real Madrid, and the player is focused on Argentina and recovering from a left-ankle sprain ahead of the 2026 World Cup.
  • A direct move between Madrid rivals would carry heavy political and fan backlash for Atlético and could push other LaLiga clubs to raise prices in the summer transfer market.