Overview
- Reports on Saturday say communication between Real Madrid and Atlético Madrid has stopped and Real have not pursued any new offers after an initial approach.
- Real formally submitted a €150 million proposal that Atlético rejected publicly and mocked on social media.
- Atlético insists Álvarez is not for sale and holds strong leverage because he is under contract until 2030 and media estimates place his realistic valuation far above reported offers.
- Barcelona remain the main active bidder and have kept lines open with the player’s camp, but Álvarez has asked for space to focus on the World Cup so major decisions are unlikely before July.
- The current stalemate could force Atlético to plan for squad changes without an immediate sale and limits options for other interested clubs because LaLiga rules and large fees would complicate any late summer deal.