Atletico Prepares to Sell Julián Álvarez: Record Transfer Talks with PSG. Atletico may lose two key players this summer. PSG is in talks to purchase Julián Álvarez for a record fee. The deal involves amounts of up to €150 million.
A major squad overhaul is expected at Atlético Madrid this summer: the club is preparing for high-profile transfers both in and out. According to AS, several key players could leave the team, and negotiations to sell Julián Álvarez to PSG have already reached a new level. The French club is determined to acquire the Argentine forward and is ready to offer a sum that could become one of the largest in Atlético's history—ranging from 140 to 150 million euros.
The question of Álvarez's future has been under discussion for several months. His agents have long been in talks with top European clubs, and PSG's interest in the forward has only intensified after an unsuccessful attempt to sign Kang-in Lee in the winter. As AS notes, negotiations between the clubs are taking place against the backdrop of excellent relations between the Atlético and PSG management, which could simplify reaching an agreement. However, the Madrid side does not intend to let Álvarez go for less than 100 million euros, and only offers above this threshold are being taken seriously.
Last season, Álvarez had a mixed campaign: 20 goals in all competitions (10 in the Champions League, 8 in La Liga, 2 in the Cup) and 9 assists. His performance in La Liga fell short of expectations, although he was one of the leaders in European tournaments. For comparison, in his first season with Atlético, the Argentine scored 29 goals and provided 8 assists in 57 matches. Despite having a contract until 2030 and a market value of 90 million euros, Álvarez failed to bring trophies to the club this year, and his statements about the future have raised questions among fans.
At the same time, Atlético is interested in PSG players — in particular, Kang-in Lee and Gonçalo Ramos. However, as sources emphasize, these possible transfers are not directly related to negotiations involving Álvarez and are being considered separately. The club does not rule out that Álvarez's departure could become part of a broader personnel overhaul, especially as reports have already emerged about the possible exit of Griezmann.
Atlético's transfer activity fits into the wider trend of major changes in Spanish football. For example, recently Espanyol and Athletic found themselves at the center of the fight for survival and for European competition,which has also influenced staffing decisions at clubs. In the coming weeks, the situation around Álvarez and other Atlético leaders may become clearer, but one thing is already certain: the Madrid club is ready for serious changes.
For reference: Julián Álvarez is one of the most valuable forwards in Europe and a World Cup champion with the Argentina national team. In recent years, PSG has been actively investing in revitalizing its attacking lineup, while transfer fees at top clubs in Spain and France are regularly setting new records. If the deal is successfully completed, Álvarez could become one of the most expensive players ever to leave La Liga.
