According to the latest report of the well-known sports media The Athletic, the transfer negotiation between Atletico Madrid (Atletico Madrid) and Manchester City FC (Manchester City) about the Argentine striker Alvarez is in the process of intense, but the two sides still have a big difference on the issue of transfer fee.
Atletico Madrid are reported to have shown strong interest in Alvarez and have made an offer containing a €55 million base transfer fee and bonus clause, with a total value expected to reach €70 million. However, this offer did not meet City's asking price. City insisted on getting at least 70 million pounds (about 80 million euros) transfer fee, and additional 20 million pounds (about 23 million euros) of additional terms, which makes the two sides of the negotiations have reached a deadlock.
Atletico are pessimistic about reaching an agreement on the terms offered by Manchester City, believing that the asking price is too high and beyond their budget. Nonetheless, Atletico have not given up their pursuit of Alvarez, who they are still hoping to bring into the fold after signing another striker, Thurrott, to bolster the team's attacking prowess.
Alvarez himself is open to a move and has attracted the attention of several European giants. However, according to the latest report from journalist Sam Lee, Paris Saint-Germain, who were previously rumored to be Alvarez's potential next club, are less likely to sign him, giving Atletico a favorable position in the competition.
