Atletico sign Man City striker Alvarez

MADRID: Atletico Madrid signed striker Julian Alvarez from Manchester City on Monday in a deal reported to be worth up to 85 million euros ($93 million).

“The club has reached an agreement with Manchester City for the transfer of the Argentine forward, who has signed a contract for the next six seasons,” said Atletico in a statement. Spanish reports say Atletico will pay 75 million euros for the forward, with potentially 10 million more in bonuses.

The 24-year-old arrived at City for just £14 million (16 million euros) in January 2022 from River Plate, winning two Premier League trophies and the Champions League among other silverware.