Julius OkorieAtletico Madrid have completed the signing of Argentina forward Julian Alvarez from Manchester City for £82m.
Alvarez, who was not involved in City’s Community Shield win over Manchester United on Saturday, sealed a six-year contract with Diego Simeone’s side.
Join our WhatsApp ChannelHe trades Manchester for Madrid after two-and-a-half wildly successful years in sky blue, during which he collected six trophies with 36 goals in 103 appearances to his credit.
Having arrived from River Plate in a deal worth £14m in January 2022, the 24-year-old’s sale represents a huge profit for City.
During his time at City, Alvarez also won the 2022 World Cup with Argentina, as well as the Copa America earlier this year.
The £82m fee makes it a club-record sale for City. It is the fifth-biggest sale to a foreign club in Premier League history.
“Today I say goodbye to this amazing club, with a lot of emotion,” said Alvarez on City’s official website.
“These have been two very special years. During this time, I have grown and learnt a lot – both as a player and as a person.
“To the directors and the technical staff, thank you for your confidence and support. Your teachings and vision have helped me to develop so much.
“To my team-mates, thank you for every moment we have shared, for the effort and dedication in every training session and every match.
“I have learnt a lot from each and every one of you and I remain with memories and friendships that will last forever.
“To the fans, thank you from the bottom of my heart for the great support and for making me feel at home from the very first day. I will always be extremely proud to have been part of this family.
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“Manchester City will always have a special place in my heart. I wish you every success in the future and I will keep on supporting the club wherever I may be.”
Txiki Begiristain, City’s director of football, said: “Everyone at Manchester City wishes Julian all the very best with the next stage of his career – he has been a pleasure to work with.
“His attitude has been first class since he first walked through the door here. That’s why he has improved so much.
“The trophies he has won already tell their own story – he is a winner. I look forward to watching him develop further in the remainder of his career.”
Champions, Manchester City will start their 2024/25 Premier League title defence with a trip to Stamford Bridge to face Chelsea on Sunday, 18th August. Athletico Madrid on the other hand begin the new La Liga season away against Villareal on Monday 19th August.
Julius Okorie is Chief Sports and Entertainment Correspondent for Prime Business Africa. He began his journalism career with the Champion Newspaper and Sporting Champion and later moved on to Daily Independent and the Nation Newspapers. Okorie joined Prime Business Africa in 2024 bringing on board 20 years of experience in writing investigative news on Sports and Entertainment. His well researched and highly informative articles on Sports Business and general entertainment are followed by a wide range of audience.
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