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Chelsea Leads £80M Chase for Atletico Star Alvarez

2/10/2026

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Story summary
  • Chelsea is reportedly leading the race to sign Julian Alvarez from Atletico Madrid, with Arsenal and Barcelona among interested clubs.
  • Chelsea has invested over £1 billion since May 2022 to strengthen a squad that finished sixth and fourth in the Premier League.
  • Alvarez has 40 goals and 14 assists for Atletico Madrid since joining in 2024 and is under contract through 2030.
  • Atletico Madrid seeks over £80 million for Alvarez.