PSG sets sights on Julian Alvarez with record-breaking bid

With the Champions League final now in the rearview mirror, Paris Saint-Germain’s leadership is gearing up to make a bold move for Argentine striker Julian Alvarez. Insiders reveal the club is preparing to submit a jaw-dropping offer to Atlético Madrid, with the Spanish outfit reportedly holding out for over €100 million.

The pursuit of Alvarez isn’t new for the PSG. During the 2024 summer transfer window, the club pursued the then-24-year-old attacker, but the deal fell through when he opted for a move to Atlético Madrid instead. The Spanish side outbid Manchester City with an offer nearing €75 million—a price tag that now seems modest compared to what Atlético is demanding.

Fresh talks revive Alvarez transfer ambitions

Despite past setbacks, PSG has not abandoned its interest in Alvarez. Luis Campos, the club’s sporting director, has reignited the pursuit, reportedly aiming to secure the striker for head coach Luis Enrique ahead of the upcoming season. Recent discussions between PSG and Alvarez’s agent, facilitated by Fernando Hidalgo, suggest the club is serious about closing the deal this time. However, negotiations were temporarily paused to avoid any internal distractions during the Champions League final, ensuring the team’s focus remained undiluted.

Atlético Madrid sets sky-high price for Alvarez

According to club insiders, Atlético Madrid is in no rush to sell Alvarez. The club is holding firm on its valuation, refusing to entertain any offer below €100 million for the two-time Champions League winner. Should PSG submit a competitive bid, the question remains whether Alvarez himself will be swayed by the opportunity to join the Parisian side. With his contract at Atlético nearing its final years, a move to Ligue 1 could present a compelling new chapter in his career.