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Real Madrid pursues Julian Alvarez as Manchester City eyes bonus

Yahoo Sports • 1 min read • Latest: Jun 11, 2026, 12:35 PM

Last updated Jun 11, 2026

Real Madrid pursues Julian Alvarez as Manchester City eyes bonus

Summary

Real Madrid is reportedly pursuing Julian Alvarez, who moved from Manchester City to Atletico Madrid in 2024. City included a sell-on clause worth £4-7 million in the deal, allowing them to benefit from Alvarez's rising value. Despite Real Madrid's interest, Atletico has rejected their approaches, and the Argentine's release clause remains set at approximately £430 million. City, entering a transitional phase under new management, could find the potential financial boost useful for summer plans.

Source Links

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Market Watch

•Julian Alvarez transferred to Atletico Madrid for £64.4 million in 2024.
•Real Madrid's bids for Alvarez have been rejected by Atletico.
•City can earn £4-7 million from Alvarez's future sale.
•Atletico's release clause for Alvarez is set at £430 million.
•Manchester City is preparing for a transitional phase with new management.

Latest Updates

12:35 PMYahoo Sports — Man City in line for multi-million bonus payment as Real Madrid pursue Julian Alvarez signing

What they're saying

"
Manchester City could be handed a future financial boost through Julian Alvarez’s next transferReal Madrid have seen huge approach for the Atletico Madrid forward rejected by their city rivalsCity p...
— Yahoo Sports

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