The dust has barely settled on the UEFA Champions League final, yet Paris Saint-Germain is already eyeing its next big move. Club leadership is gearing up to launch a high-stakes bid for Argentine striker Julian Alvarez, despite the steep price tag reportedly demanded by Atlético de Madrid—exceeding €100 million.
Two summers ago, the PSG, under the leadership of President Nasser Al-Khelaïfi, pursued Alvarez but saw him join Atlético de Madrid instead. At the time, the Spanish club outbid Manchester City with an offer close to €75 million. Now, as Alvarez enters his peak years at 26, PSG is determined to secure his services for the upcoming season.
PSG revives pursuit of Alvarez for Luis Enrique’s project
Despite being rebuffed by Alvarez in the past, PSG has not abandoned its ambitions. Sporting director Luis Campos has reignited the pursuit, positioning the striker as a prime target for manager Luis Enrique. Internal sources confirm that PSG’s sporting hierarchy recently engaged with Alvarez’s agent, Fernando Hidalgo, to express serious interest. However, negotiations were temporarily shelved to avoid distracting the team during the Champions League final, a match that carried immense significance for the club.
Atlético holds firm on €100M+ valuation for Alvarez
Sources close to the situation indicate that Atlético de Madrid is unwilling to entertain any offer below €100 million for Alvarez. Fresh off consecutive Champions League triumphs, PSG—led by Nasser Al-Khelaïfi—now appears poised to table a formal proposal. Whether Alvarez, fresh off his second Champions League victory, will entertain a move to the French capital remains the biggest question mark.
