Real Madrid Makes €150 Million Offer for Atlético Madrid Striker Álvarez

Real Madrid has submitted a 150 million euro bid for Atlético Madrid striker Julián Álvarez, the club said in a statement following a board meeting. The offer was officially transmitted to Atlético Madrid, the rival Madrid-based club confirmed. Atlético declined the proposal but thanked Real Madrid for the offer within the context of the good relations between the two clubs. The club's response pointed to the release clause in Álvarez's contract, suggesting the transfer could be discussed if that clause is activated rather than through a negotiated fee. The 24-year-old Argentine joined Atlético from Manchester City in 2024 and has become a key player for Diego Simeone's side. The rejected offer comes as Real Madrid seeks to strengthen its attacking options while Atlético looks to retain one of its most important assets. No further details on potential negotiations were immediately available.