Atletico Madrid have presented Julian Alvarez with a contract renewal offer in an effort to fend off mounting interest from Europe’s elite.
According to SPORT, the hierarchy at the Riyadh Air Metropolitano is moving swiftly to secure Alvarez’s long-term commitment despite the Argentine forward being under contract until 2030.
Barcelona are believed to have identified Alvarez as the dream successor to Robert Lewandowski ahead of his impending exit from Camp Nou, while Arsenal reportedly saw a staggering €120 million bid rejected during the winter window.
By presenting a lucrative extension less than two years after his arrival from Manchester City, Atletico are sending a clear message: their No. 19 is untouchable.
The proposed deal is said to include a salary bump and a higher release clause to further insulate Los Colchoneros from the financial power of any interested parties.
While Alvarez has faced a difficult run of form recently—at one point enduring an 11-game goal drought—his recent performance in Atletico’s 4-0 thrashing of Barcelona served as a timely reminder of his world-class quality.
Atletico president Enrique Cerezo recently insisted that Alvarez is ‘happy and under contract,’ but the club knows that tying him down to a new deal is the only way to truly silence the summer transfer rumours.
Off the back of a disappointing 3-0 defeat to Rayo Vallecano in their last La Liga outing, Alvarez and Atletico will look to make amends in Wednesday’s Champions League play-off first leg against Club Brugge.
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