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Atletico Prepares Massive Offer for Álvarez to Ward Off Barcelona and Arsenal

Atletico Madrid is reportedly preparing a huge contract renewal proposal for Julián Álvarez, aiming to deter interest from Barcelona and Arsenal.
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Atletico Madrid views Julián Álvarez as an indispensable part of their squad and is prepared to do everything in its power to ensure he stays, amidst fierce competition from top European clubs like Barcelona and Arsenal.

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According to "Marca," Atletico is determined to secure the Argentine's future, even though the player is already under contract until 2030, which includes a staggering €500 million release clause. Amidst transfer rumors, the club has decided to act swiftly, offering the 26-year-old a significant salary increase. The proposed deal is expected to reach €10 million annually, comprising €9 million in fixed wages and €1 million in bonuses.

However, as reported, the "Rojiblancos" are not alone in the transfer market, facing competition with Barcelona closely monitoring his situation. Furthermore, Arsenal is reportedly considering a move to acquire him this summer.

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