Real Madrid's £130m Alvarez bid rejected

Real Madrid submitted a bid of 150 million euros, equivalent to £130 million, for striker Julian Alvarez on May 21, 2024. The offer was made to Manchester City, Alvarez's current club. However, city rivals Atletico Madrid rejected the bid, indicating their interest in acquiring the player themselves. This development highlights significant transfer market activity surrounding the Argentine international, who has been a key player for Manchester City since his arrival in 2022. The substantial sum proposed by Real Madrid underscores Alvarez's perceived value in the global football landscape.