Article by Alexandru Tomuțiu – Published Sunday, March 29, 2026 10:13 p.m. / Updated Sunday, March 29, 2026 10:30 p.m.
Atletico Madrid are reportedly preparing a huge contract renewal proposal for striker Julian Alvarez, 26, in a bid to fend off interest from Barcelona and Arsenal.
Atletico Madrid consider Julian Alvarez a key player in the team's game and are prepared to do everything possible to ensure he stays, despite stiff competition from top European clubs such as Barcelona and Arsenal.
Atletico Madrid want to offer extension to Julian Alvarez
According to Marca, Atletico are determined to secure the Argentine's future, even though the player is already under contract until 2030, which includes a staggering €500m release clause.
Amidst speculation regarding possible offers on his behalf, the club decided to act immediately, offering the 26-year-old a significant pay rise. The proposed deal is expected to reach 10 million euros annually, consisting of 9 million euros in fixed salary and 1 million euros in bonuses.
Barcelona and Arsenal want Julian Alvarez
Those from Barcelona are carefully monitoring the situation of the world champion. In addition, Arsenal are also rumored to be considering a move for him in the summer.
Julian Alvarez arrived at Atletico Madrid in the summer of 2024, from Manchester City. At that time, the Spaniards paid no less than 75 million euros in exchange for him.
Julian Alvarez in the match against Tottenham / Imago Images
The Argentinian is having a pretty good season. He managed 17 goals and 9 assists in the 44 games in which he played.
Atletico is 4th in the La Liga standings after 29 rounds, with 57 points. In the Champions League, Diego Simeone's team will play Barcelona in the quarterfinals of the competition.
La Liga standings
