Real Madrid's €150 Million Offer for Julian Alvarez Rejected by Atletico Madrid

Madrid. Spanish club Real Madrid's big offer of 150 million Euros for Argentine forward Julian Alvarez of urban rival Atletico Madrid has been rejected. Real Madrid President Florentino Perez had promised to make a 150 million Euro offer for an unnamed 'Galactico' player if he was re-elected as president last week. After successfully maintaining his dominance in the elections held on Sunday, Perez fulfilled his promise and made a formal offer for 26-year-old striker Alvarez. However, Atletico Madrid directly rejected Real's offer, stating that Alvarez's release clause is 500 million Euros.

Real Madrid issued a statement stating that after a meeting of the Board of Directors, the club had received a 150 million Euro offer for the professional rights of Atletico Madrid player Julian Alvarez. Real added in its statement, 'After reviewing and evaluating the offer, the club Atletico de Madrid, while expressing gratitude for this offer made within the scope of good relations between both clubs, has rejected it based on the player's release clause.'

However, Atletico Madrid mocked Real Madrid's statement by sharing it on social media X with a series of laughing emojis. In another post, Atletico wrote sternly, 'It seems you have forgotten the difference between courtesy and gratitude, but to leave no doubt, we are not thanking you for anything. We are not studying or considering any offer for Julian. How can our relationship be good when you make us laugh more than Barcelona?'

Continuing its aggression, Atletico added in its final post, 'P.S.: Taking advantage of the good relationship with your new president, let's see if you stop 'stealing' our academy players. Thank you very much, Real Madrid!'

Alvarez, a former Manchester City player, won the World Cup with Argentina in 2022. He joined Spanish La Liga club Atletico Madrid in 2024 on a 81.5 million Pound deal.

He performed excellently last season for Atletico, scoring 20 goals in 49 games. With his significant contribution, the team secured fourth place in the La Liga table and reached the semi-finals of the Champions League.