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Real Madrid has revealed they made a staggering €150 million offer to city rivals Atletico Madrid for Julian Alvarez, only for their bid to be rejected. This move sees newly elected president Florentino Perez fulfill a pre-election promise to demonstrate a willingness to spend such a sum on a player. Last week, the 'Los Blancos' boss had hinted at preparing such an offer, though he did not name the targeted player at the time.
“Real Madrid announces that following today's Board of Directors meeting, an offer of 150 million euros has been submitted to Atletico Madrid for the federative rights of footballer Julian Alvarez.
After reviewing and evaluating the proposal, Atletico Madrid expressed gratitude for the offer, made within the framework of good relations between the two clubs, but rejected it, citing the player's release clause,” read the statement from the Bernabéu.
The Argentine international's release clause stands at a colossal €500 million, and his contract with the 'Rojiblancos' runs until 2030. The striker is currently with his national team, preparing for the World Cup.
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