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Atlético Rejects Real’s €150 M Offer for Álvarez

6/10/2026

Summary

Atlético Rejects Bid

Real Madrid’s €150 million bid for Argentine striker Julián Álvarez was rejected by Atlético Madrid on June 9 2026.
Álvarez has scored 49 goals in 104 games for Atlético and holds a €500 million release clause until 2030.
Atlético thanked Real Madrid but declined, citing the release clause and refusing any offer.
President Florentino Pérez, re-elected in June 2026, pledged a €150 million signing for Álvarez.
Arsenal, FC Barcelona and Paris Saint-Germain are also tracking Álvarez.

Summary

Atletico Accuses

Real president Florentino Pérez publicly announced a €150 million bid for Barcelona in a board-meeting statement.
Atletico posted a video on X that omitted Pope Leo III’s praise and accused Real Madrid of editing.
Atletico added five laughing emojis, a mock ticket offer to Barcelona and blamed Real for poaching academy players.
Atletico shared edited photos of Barcelona stars Lamine Yamal, Pedri and Raphinha wearing Atleti shirts, warning fans not to trust Barca rumors.

Summary

Álvarez Seeks Exit

Julián Álvarez told Atlético Madrid he wants to leave after the club allegedly broke contract promises.
He arrived in 2024 from Manchester City for up to €95 million ($109.7 million).
Álvarez has 51 Argentina caps and 14 goals, with three at the 2022 World Cup and a brace at Copa America 2024.
Real Madrid also targets Bayern winger Michael Olise, though Bayern president Herbert Hainer says no offer was made.

History

Historical Context

In July 2000 Real Madrid signed Luís Figo, a move championed by new president Florentino Pérez that launched the Galácticos era and helped the club win its 28th La Liga title. The deal showed how blockbuster signings could shift power in Spanish football, a pattern echoed today as Atlético Madrid navigates similar high-stakes transfer battles.

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Atlético Rejects Bid

Real Madrid’s €150 million bid for Argentine striker Julián Álvarez was rejected by Atlético Madrid on June 9 2026.
Álvarez has scored 49 goals in 104 games for Atlético and holds a €500 million release clause until 2030.
Atlético thanked Real Madrid but declined, citing the release clause and refusing any offer.
President Florentino Pérez, re-elected in June 2026, pledged a €150 million signing for Álvarez.
Arsenal, FC Barcelona and Paris Saint-Germain are also tracking Álvarez.

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