Manchester City and Atletico Madrid have agreed on a fee for Julian Alvarez

Late last night reports emerged that Manchester City and Atletico Madrid were on the verge of agreeing on a transfer fee for Julian Alvarez. Those reports gave the impression that after a quiet summer, the world champions may finally be forced to make their mark on this summer’s transfer window. Reports this morning indicate that the two teams have now agreed on a fee for Julian Alvarez. The reported fee represents good business by the world champions as they face the prospect of replacing the World Cup winner.

David Ornstein has reported for the Athletic that Manchester City and Atletico Madrid have agreed on a deal worth up to €95 million for Julian Alvarez. Furthermore, Ornstein reports that the deal is subject to Alvarez agreeing on personal terms with Atletico. Lastly, Ornstein adds that if the deal is completed, it will be a club-record sale for Manchester City.

The reported transfer fee Manchester City will receive for Julian Alvarez represents good business for the world champions.

The prospect of Julian Alvarez leaving Manchester City is no doubt disappointing. He is an important member of Pep Guardiola’s squad. But the reported transfer fee represents good value for the club. As per David Ornstein’s report City only paid River Plate £14 million for Alvarez. They now look set to receive more than five times that amount to sell the striker. That is a shrewd business by the world champions. It is a sizable transfer fee and will no doubt help the champions in their bid to replace the Argentinian international.

The hope is now that Manchester City will be on the hunt for a replacement for Alvarez. There is nothing to suggest that they won’t. The champions will now have the capacity to reinvest the sizable fee they look set to receive for the World Cup winner.

It is a blow for City to lose a key player so close to the beginning of a new season. But they look set to receive a club-record transfer fee for their striker. That is a shrewd piece of business by the club. It is yet another sign of just how well run Manchester City are as a club that they’ve turned a negative situation into a win of sorts for the club.

Tags Atletico Madrid David Ornstein Erling Haaland Julian Alvarez Manchester City Pep Guardiola the Athletic