Atlético Madrid intensifies bid to lock Julián Álvarez away from Barcelona amid transfer buzz
17 February 2026
Recent Developments
Atlético Madrid has been riding a rollercoaster, alternating between flashes of brilliance and alarming collapses in rapid succession. Last Thursday, the Rojiblancos swept aside Barcelona in the Copa del Rey semi-final first leg, delivering a first half that will be hard to forget, but a few days later they were beaten heavily away at Rayo Vallecano.
Álvarez's Return to Form
One bright spot from the Barça match was Julián Álvarez’s return to scoring form. The Argentine forward had been going through a worrying goal drought that affected his confidence. This goal could not only end that drought but also give him the momentum he needs for the decisive stretch of the season.
Sports daily Sport noted: “In truth, this isn’t Álvarez’s best season in terms of performance and statistics; he has twelve goals and six assists in 34 appearances this season. The numbers aren’t terrible, but they don’t reach the level of the biggest stars.”
Despite this hiccup, European giants remain interested, especially in England, where Álvarez proved his quality with Manchester City. In recent weeks his name has been linked with Arsenal, Chelsea, and Manchester United, with Barcelona also among the favored options. People close to Álvarez say he would welcome a future move to Barcelona, though the transfer would be costly for the Catalan club given Atlético’s high price tag.
According to journalist Rubén Oria, Atlético has already begun taking serious steps to retain Julián Álvarez. Although his contract runs through June 2030, the club has presented a renewal offer. The Madrid side aims to extend the contract to end the transfer chatter, but the future remains highly contested for Álvarez.
Punchline 1: Álvarez's goal drought is so long, even the calendar filed a motion for extension.
Punchline 2: Atlético's renewal talks are longer than a transfer saga, but with better coffee.