Julián Álvarez’s future at Atlético Madrid has been plunged into uncertainty, with Chelsea now emerging as the favorites to bring the World Cup winner back to the Premier League. According to renowned journalist Matteo Moretto, the Argentine forward is reportedly unhappy in the Spanish capital and is considering a high-profile move at the end of the 2025/26 season.
Chelsea Take the Initiative While Barcelona was long considered the primary suitor for Álvarez, the Catalan giants have reportedly cooled their interest due to the staggering financial demands set by Atlético. This has allowed Chelsea to take pole position.
The Blues have been monitoring Álvarez’s situation for months, and sources from The Touchline and IndyKaila suggest that the “Spider” is highly motivated by the prospect of returning to English football, where he previously enjoyed massive success with Manchester City.
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The €120m Price Tag Despite the player’s reported discontent, Atlético Madrid is not prepared to let their star man leave without a fight. The Spanish club’s board has slapped a €120 million (£100m+) price tag on the forward and has signaled that they will not entertain offers below that valuation.
Current Status of the Deal Chelsea’s hierarchy views Álvarez as a “top-level” talent capable of transforming their frontline. However, the club is yet to open formal negotiations. The Stamford Bridge board is currently waiting for a final “green light” from the player’s camp before submitting a concrete proposal to Atlético.
Thiago Nuno is a football editor and analyst covering European leagues, match statistics, and transfer market trends.
