According to the Argentine media outlet Ole.
Manchester City football club
Forward Julian.
Alvarez (name)
will officially become Atletico Madrid's new player in the coming days. Significant progress has been made in transfer talks and it is expected that
Atletico Madrid (soccer team)
A transfer fee of around €80 million plus bonuses will be paid to Manchester City. This deal will become the most expensive player transfer record in the history of Manchester City club.
There are two main reasons why Alvarez is seeking a move. Firstly, the presence of Erlin Harland in the Manchester City team made him feel that he could not be a starting player. Secondly, there are family reasons; Alvarez's parents and siblings have been living in Manchester for the past two years, but their residency permits have expired, so the family plans to move to Madrid. Alvarez was already considering the possibility of a move during the Copa America.
In fact, three months ago, Alvarez rejected Manchester City's request for a contract improvement. He reached a verbal agreement with Atletico for a new five-year contract with the same salary as City, but the main difference is in the distribution of likeness rights. At Atletico, Alvarez will receive 100 percent of the proceeds from the likeness rights, while at City the percentage is only 75 percent.
Alvarez chose Atletico Madrid not only for financial reasons, but more importantly to secure his starting spot. Despite being approached by both Paris Saint-Germain and Chelsea with better salary offers, Alvarez ultimately chose to head to Spain for family reasons.
Manchester City boss Pep Guardiola is reportedly annoyed by Alvarez's comments in an interview during the Olympics that he should think about his future. The manager believes that the player should have communicated with him first instead of revealing this information through the media.
The addition of Alvarez will bring a strong attacking presence to Atletico and his transfer marks another important turn in his career. Expect him to continue to show great performance in his new journey in Spain.
