Real Madrid confirm EUR150m bid for Julian Alvarez rejected by Atletico Madrid
Madrid, June 10
Real Madrid have announced that they made a 150 million euros bid for Atletico de Madrid for star forward Julian Alvarez, but the latter rejected their proposal.
In an official statement on Tuesday, Real Madrid confirmed that, following a Board of Directors meeting, the club had submitted a EUR150 million offer to Atletico Madrid for the federative rights of the Argentine footballer.
However, Atletico Madrid said it appreciated the offer but rejected it after reviewing the proposal, pointing instead to the player's release clause as the basis for its decision, said Real Madrid in their statement.
"Real Madrid CF announces that, following today's Board of Directors meeting, it has made an offer of 150 million euros to Club Atletico de Madrid for the federative rights of the player Julian Alvarezm," reads the statement.
"After studying and evaluating it, Atletico de Madrid has thanked the club for the offer, made within the framework of the good relations existing between both clubs, and has rejected it, referring to the player's release clause," the Real Madrid statement reads further.
Notably, the announcement follows Florentino Perez's victory in the Real Madrid presidential election on Monday, where he secured a further four-year term in the first contested vote in two decades. Ahead of the elections, Perez had indicated plans to spend EUR150 million on an unnamed player to be unveiled on Tuesday, which would set a new club record fee, according to Reuters.
The Argentine footballer scored 20 goals and had nine assists to his name in 49 appearances for Atletico Madrid in the 2025/26 season.
— ANI
Reader Comments
As a Real Madrid fan since the Zidane days, this feels like desperation. Perez won the election and immediately wants to make a statement signing. But EUR150m for a player who isn't even their top scorer? Seems like a panic move after losing the title race this season.
European football economics are insane. In India, we debate whether an ISL player is worth ₹2 crore, and here they're casually throwing around €150 million. But honestly, Alvarez is class – 20 goals and 9 assists is solid. Atletico knows what they have.
I don't blame Atletico for rejecting. Why settle for 150 when the release clause is probably higher? This is business. Indian companies could learn from how European clubs negotiate – they don't just accept the first offer. Smart move by Atletico.
Florentino Perez is playing 4D chess. He announces this right after winning the election to show fans he's serious about spending. But if I were Atletico, I'd hold out for more – especially to a direct rival. Derbies are going to be spicy next season if this drags on! 🔥
Respect to both clubs for handling this professionally – Real Madrid being transparent, and Atletico politely declining. No drama, no leaks to press. Indian football administration could take notes on how to conduct transfer business with dignity. That's classy.
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