Atletico Madrid prepare Julian Alvarez contract offer to fend off Arsenal
Atletico Madrid are preparing a lucrative new contract offer for Julian Alvarez to ward off mounting transfer interest from Arsenal and Barcelona.
The Spanish club are willing to make the Argentine forward one of their highest earners with a proposed wage increase to €10m (£8m) per year.
He is currently tied to the Colchoneros until 2030 and boasts a formidable €500m (£432m) release clause.
Official negotiations over a fresh deal have not yet commenced, but executives remain hopeful that his family’s successful transition to life in Madrid will prove decisive.
Arsenal monitor financial constraints
The North London club maintain a long-standing admiration for the South American attacker and are well placed to act if an opportunity emerges.
However, any serious move by the Gunners would require significant player departures to ensure compliance with the Premier League’s Profitability and Sustainability Rules.
Barcelona have also been touted as a potential destination, with the Catalan side reportedly willing to table an offer in the region of €100m (£87m).
Simeone desperate to retain key asset
Manager Diego Simeone recently emphasised the fundamental role his compatriot plays within the squad.
A goal is always an incentive for strikers.
“He’s a very important player, recognised worldwide, wanted by lots of teams,” Simeone explained.
“But we have him and hopefully he can give us everything he’s got, because he’s a fantastic footballer.”
Chelsea are also monitoring the situation from afar, though retaining the prolific goalscorer remains the overwhelming priority for Atletico.
