The fourth-placed team from last season's La Liga, which also features Slovak defender Dávid Hancko, is fully committed to retaining the services of the Argentine international.
“Atletico Madrid is open to standard transfer market negotiations, provided they are conducted professionally, ethically, and with respect. We fully stand by the club's previously communicated stance that Barcelona has not met these requirements, and therefore, no negotiations will take place, and a transfer of Alvarez to Barcelona is not being considered at all,” AP quoted Atletico's statement.
Arsenal is reportedly also interested in the Argentine, but Alvarez has a release clause in his contract valued at 500 million euros. The 26-year-old forward did not play in the first round of La Liga and was booed by home fans during his substitution in the second match.