Ligue 1 giants Paris Saint-Germain have officially submitted a transfer offer for Argentine striker Alvarez to Premier League champions Manchester City that surpasses Atletico Madrid's previous bid in terms of the amount of money involved, according to Gastón Edul, a well-known journalist for TyC Sports. The news certainly adds more uncertainty to Alvarez's future.

Atletico Madrid, one of the first clubs to show a keen interest in Alvarez, are said to have prepared a formal offer worth around €60 million. However, the intervention of Paris Saint-Germain has made the transfer battle even more intense. Not only have they shown equal interest in the talented striker, but they have also directly challenged Manchester City with a higher offer.

Gastón Edul further noted that although the dust has not yet settled on Alvarez's future, his departure from Manchester City is becoming more and more likely. The Argentina international is likely to change clubs this summer, with Paris Saint-Germain and Atletico Madrid emerging as his most likely next stops. It's worth noting that Chelsea have not entered the fray, making the transfer battle more focused on the two clubs.

When comparing the strengths of the two clubs, Gastón Edul mentioned that Atlético Madrid may have a slight edge in terms of city appeal, but Paris Saint-Germain's advantage in terms of contractual offers is much more pronounced. This certainly provides Alvarez and his team with more factors to consider when making their final decision.

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