In the summer transfer window, Manchester City striker Julian Alvarez will have to agree a package worth at least £75m, according to the report.
Julian Alvarez played 31 league appearances during the 2023/24 campaign, but it is believed he would like more regular first-team football. His first-choice destination is said to be Real Madrid, while FC Barcelona president Joan Laporta wants to sign the striker alongside Manchester City team-mate Erling Haaland as part of his re-election campaign.
However, The Athletic claims Man City will not let him leave cheaply. The Premier League champions want around £60m for the 24-year-old, on top of the £17m in add-ons that Atletico Madrid are also keen on.
Atletico Madrid are unwilling to stretch to the lengths of offloading Julian Alvarez, while PSG and Chelsea have also been touted as potential landing spots should a summer exit materialize.
Atletico Madrid president Enrique Cerezo has already admitted he does not expect Man City to allow the World Cup winner to leave this summer.
Man City are already worried about the future of first-choice goalkeeper Ederson, with Pep Guardiola recently admitting the Brazil international is considering his options this summer.
However, Guardiola refuted a more decisive response by declaring that midfield maestro Kevin De Bruyne will not be leaving the Etihad Stadium this summer.
In terms of incoming transfers, Man City have already announced the first signing of the window in the form of 20-year-old Brazilian winger Savinho, who spent last season on loan at Girona from Troyes. Both clubs are part of the City Football Group.
