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Sport Football Julian Alvarez completes move to Atletico in record sale for Man City Julian Alvarez has become Manchester City’s record sale with his move to Atletico Madrid
Richard Jolly Senior Football Correspondent
Monday 12 August 2024 11:00 EDT
Julian Alvarez’s departure leaves Man City short of back-up options for Erling Haaland. (Adam Davy/PA Wire) Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
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Your support makes all the difference. Close Read more Julian Alvarez has completed his £82m move to Atletico Madrid , becoming Manchester City ’s club-record sale.
The World Cup winner will cost Atletico an initial €75m (£64.1m) plus up to €20m (£17.1m) in attainable add-ons, and will become the second most expensive signing in their history, after Joao Felix.
He has signed a six-year contract with the Spanish club after passing a medical in Madrid and becomes Diego Simeone’s second striking signing this summer, joining Alexander Sorloth.
Alvarez scored 36 goals in 103 games in a two-year stay at City, ending last season with 19 goals and 13 assists in 54 appearances.
Manager Pep Guardiola said on Friday the Premier League champions will discuss whether to go into the transfer market to try and replace the Argentinian.
Alvarez thanked them, saying: “Manchester City will always have a special place in my heart. Today I say goodbye to this amazing club, with a lot of emotion.
These have been two very special years. During this time, I have grown and learnt a lot - both as a player and as a person.”
City have made a huge profit on the versatile Alvarez, who cost £14m from River Plate in 2022 and who won six trophies in his time at the club.
His departure means City have now made a profit of around £100m in the transfer market this summer, with Savinho the only signing and sales also including Taylor Harwood-Bellis, Liam Delap, Sergio Gomez and Tommy Doyle.
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