UPDATE: Chelsea is reportedly pursuing a transfer for Atletico Madrid forward Julian Alvarez, who is open to a potential return to the Premier League. This comes as Atletico Madrid sets an asking price of £87 million for the highly sought-after Argentine international.
Alvarez, who moved to Atletico for £82 million from Manchester City in 2024, has been a standout player, scoring 29 goals in his first season and adding another 11 goals this season. However, with Atletico currently sitting in fourth place in La Liga, eight points behind leaders Barcelona, Alvarez is eager to add more silverware to his trophy cabinet.
While Alvarez has expressed satisfaction with his time in Spain, he initially left Manchester City to seek more significant achievements. Atletico’s disappointing performance in La Liga and their current position in the Champions League group phase—where they sit at eighth—have left Alvarez contemplating his future.
Chelsea, now under the management of Liam Rosenior, has previously shown interest in the 25-year-old forward. The club spent nearly £100 million last summer on players like Joao Pedro and Liam Delap, but results have been underwhelming. Pedro has managed only eight goals in all competitions, while Delap has scored just once in the Premier League.
Alvarez’s name has resurfaced in transfer discussions, with Barcelona and PSG also keen admirers. The latest reports indicate that Chelsea has joined the race, but Atletico Madrid is reluctant to part with the forward unless suitors meet their financial demands.
Alvarez addressed the swirling transfer rumors last month, stating:
“Look, it doesn’t bother me. I try not to pay much attention, but I know what’s being said. I’m very focused on this season, on what lies ahead with Atletico Madrid.”
With a crucial Champions League match against Turkish giants Galatasaray looming this Wednesday, the stakes are high for both Alvarez and Atletico. The outcome of this match could significantly influence Alvarez’s decision regarding his future.
As Chelsea aims to improve its standing—currently at 13th in the Premier League—fans are left wondering if Alvarez could be the answer to their scoring woes. Keep an eye on this developing story as the January transfer window approaches, and the pressure mounts on clubs looking to strengthen their squads.
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