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Atlético Madrid offers Julián Álvarez a lucrative new contract amid interest from Arsenal and Barcelona.

Atlético Madrid offers Julián Álvarez a lucrative new contract amid interest from Arsenal and Barcelona.

Atlético Madrid is offering a lucrative new deal to star attacker Julián Álvarez, despite interest from Arsenal and Barcelona. The offer comprises a €9 million base pay plus €1 million in bonuses, which matches the top earner, Jan Oblak.

Atlético Madrid is obtaining a lucrative contract for talented forward Julián Álvarez, amid interest from Arsenal and Barcelona.

New Contract Offer

The proposed agreement provides Álvarez roughly €10 million yearly (€9 million base plus €1 million bonuses), making him one of the club's top earners alongside Jan Oblak. His current contract runs until 2030, with a €500 million release clause, but this extension hopes to lock him in long-term before the summer transfer window opens.

Rival Club Interest

Barcelona views the Argentine as their top striker target, while Arsenal remained interested despite a failed €100 million bid earlier this season. Despite his recent form lull (just one La Liga goal since November), Atlético sees Álvarez as their post-Griezmann star player and hopes for a quick resolution to deter suitors. Formal negotiations have not yet started.

What's next?

Álvarez, who signed from Manchester City in a €104 million transfer last summer, remains crucial to Diego Simeone's ambitions. Stay tuned to DirectSports24 for updates as the conversations progress.