Julian Alvarez rejects Atletico Madrid contract, doors open for PSG and Barcelona

Atletico Madrid star Julian Alvarez has rejected a contract renewal offer, leaving the door open for PSG and Barcelona to capitalise.

According to a report by Fabrizio Romano (via Le10Sport), the Argentine forward have dumped a recent offer from Los Colchoneros worth €10 million net per year. He has conveyed his decision to leave the club to sporting director Mateu Alemany, who is now convinced to make the former Manchester City man his biggest sale of the summer.

Goncalo Ramos’ future at PSG has become largely uncertain and taking note of the situation, the club’s sporting director Luis Campos indirectly said: “Those who want to enjoy playing beautiful football, with their teammates, in training and meeting the coach’s demands, to experience the City of Lights, the support of the management, much more than for the money they could earn. Money doesn’t come before football; football comes before it.” If you play well, if you enjoy it, if you fight tooth and nail for this shirt, the titles will follow. And then, of course, there’s the money. The culture of merit”

Romano is “100% certain” that Alvarez will not renew his contract with Atletico Madrid, and therefore, potential transfers to either Barcelona or PSG are open as of now. The player is yet to make a public call on his future, but a bidding war with the Catalans is expected to fall in favour of Paris Saint-Germain due to the financial disparity between the two clubs.

Barca are awaiting a response from Alvarez to leverage the situation and get a deal done, while PSG are ready to go all in for the player.