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Real Madrid's £130m Alvarez bid rejected

Real Madrid's £130m Alvarez bid rejected

Summary

Real Madrid offered 150 million euros (£130 million) to Atletico Madrid to buy striker Julian Alvarez, but Atletico rejected the bid. Atletico said the offer was far below Alvarez’s 500 million euro (£430 million) release clause and responded with dismissive messages on social media.

Key Facts

  • Real Madrid proposed 150 million euros for Julian Alvarez after President Florentino Perez promised a big signing.
  • Atletico Madrid refused the offer, citing Alvarez’s release clause set at 500 million euros.
  • Alvarez is a 26-year-old Argentinian forward who joined Atletico in 2024 for £81.5 million.
  • He scored 20 goals in 49 games last season and helped Atletico finish fourth in La Liga and reach the Champions League semi-finals.
  • Atletico publicly mocked Real Madrid’s bid on social media with laughing emojis and sarcastic comments.
  • Real Madrid also announced coach Alvaro Arbeloa will leave the club.
  • Jose Mourinho will return as Real Madrid’s head coach on a three-year contract.
  • Mourinho’s return was part of President Perez’s election promises.
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