How much would Arsenal have to pay for Julian Alvarez?

How much would Arsenal have to pay for Julian Alvarez?

Arsenal would have to pay over €100m to sign Julian Alvarez from Atletico Madrid, as Diego Simeone confirms the Gunner’s interest.

Photo by Fran Santiago/Getty Images

Julian Alvarez has a €500m release clause but it is expected, if he were to leave this summer, it would more likely be for a deal in the region of €100m, allowing Atletico Madrid to still turn a profit on a player they signed from Manchester City in 2024 for around £64.4m with add-ons taking it up to £81.5m.

Arsenal’s interest in Alvarez is long-standing. They considered a move last year and remain keen on a player who offers precisely the kind of high-level, versatile attacking quality Mikel Arteta values.

Ahead of Arsenal’s first leg of their Champions League semi-final against Atletico, Diego Simeone was asked about the interest in his star player.

Photo by Fran Santiago/Getty Images

“I am not in Julian Alvarez’s head.

“I just suppose it is normal. He is an extraordinary player. There is interest from Arsenal, Paris Saint-Germain, Barcelona and other teams. But it is nothing we are concerned about.”

Asked in March whether he would still be at Atletico next season, Alvarez said: “Maybe yes, maybe no,” adding: “You never know.”

Arteta was also asked about Arsenal’s interest in Alvarez and replied, as you’d expect him to. “You know that I don’t talk about any player that is not our player,” he said.

Alvazrez, now 26 and valued at around €90m, is under contract until 2030.

He has 19 goals and nine assists in 47 games this season.

For City, he scored 36 goals, with 19 assists, in 103 games.