
Julian Alvarez remains under contract with Atletico Madrid until 2030 and has a release clause near €500 million, but tensions have increased after the 2025/26 season. Atletico had been working on a contract extension while Barcelona and PSG showed strong interest, and the club believed the renewal was under control despite months without a response. Alvarez’s priorities have shifted toward joining a club that can compete regularly for major titles, even if it reduces his status as Atletico’s undisputed star. Barcelona is closely linked to his intentions, and Atletico’s sporting director is aware of his desire for a higher-profile project. Atletico insists he will only leave if a major transfer fee is paid, with a minimum valuation around €150 million, and the club will not make it easy, especially for Barcelona.
"Despite being under contract until 2030 and having a release clause close to €500 million, the situation around Julian Alvarez at Atletico Madrid has become increasingly tense following the end of the 2025/26 season. The Atletico Madrid hierarchy had been working on a contract extension for the Argentine striker amid strong interest from Barcelona and PSG. They even believed the renewal issue was under control, despite after months without a response to their proposal. However, the player's stance has now changed the outlook completely."
"Indeed, according to MARCA, Alvarez's priority is to join a more ambitious project capable of competing regularly for major titles, even if that means losing his status as the undisputed star at Atletico Madrid. Barcelona are the club most strongly associated with his intentions. Internally, Atletico sporting director Mateu Alemany is already aware of the player's desire to move towards a higher-profile sporting project."
"Despite there being rumours floating around about a broken relationship with Diego Simeone, the Rojiblancos insist that it is not the case. Simeone was instrumental in pushing for his signing from Manchester City and has consistently supported him through both strong and difficult periods. However, the striker's desire to leave stems from his ambition to compete at the highest level and win trophies, amid interest from Barcelona."
"Despite the growing uncertainty, Atletico Madrid's position remains firm. The club insists that the player will only leave if a major transfer fee is paid. The minimum valuation set is around €150 million. However, behind the scenes there is some debate. Some voices believe the club should remain strict, while others see a potential opportunity to cash in and strengthen the squad under Alemany's sporting project. What is clear is that Atletico will not facilitate his departure easily, especially not to Barcelona."
Read at Barca Universal
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