Atletico Madrid have completed the £81.5m signing of Manchester City striker Julian Alvarez on a six-year deal. Diego Simeone’s Spanish side will pay an initial £64.4m (75m euros) with a further £17.1m (20m euros) in potential add-ons for the Argentina striker.
The 24-year-old’s departure is a record sale for City, eclipsing the £50m they received from Chelsea for Raheem Sterling in 2022.