Real Madrid’s €150m Alvarez bid rejected by Atletico Madrid

Real Madrid have had a 150m euro (£130m) offer for striker Julian Alvarez rejected by city rivals Atletico Madrid.

The bid came after Real president Florentino Perez said last week that he would make a 150m euro offer for an unnamed “galactico” player if he was re-elected to the role. After successfully retaining control on Sunday, Perez followed through on that pledge.

Atletico turn down Real Madrid approach

Alvarez is understood to be the player at the centre of the rejected offer, with Atletico Madrid unwilling to part with the striker despite the size of the proposal. The move underlines Real Madrid’s continued interest in high-profile signings as they look to strengthen their squad.

Real Madrid’s attempt to land the forward has added another chapter to the long-running rivalry between the two clubs, who share the Spanish capital and rarely do business with each other.

Perez delivers on election promise

Perez’s pre-election pledge to pursue a major signing was a key part of his campaign, and the rejected bid shows he was prepared to act quickly after securing another term. The 150m euro figure also highlights the scale of the club’s ambition in the transfer market.

Elsewhere, the BBC Sport article also included a brief note from Real Madrid saying: “Real Madrid, which will always be his home, wishes Alvaro Arbeloa and his entire family the best of luck in this new stage of their lives.”

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