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Atlético Madrid intensifies bid to lock Julián Álvarez away from Barcelona amid transfer buzz

17 February 2026

Atlético Madrid intensifies bid to lock Julián Álvarez away from Barcelona amid transfer buzz
Atlético Madrid presses to keep Julián Álvarez amid Barça links.

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.

Author

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Michael Whooosh

I am Michael Whooosh, an English sports journalist born in 1986. Passionate about surfing, poetry, and beekeeping, I share my human and sensitive view of sports.

Frequently Asked Questions

What is Atlético Madrid doing about Álvarez’s future?

They are taking steps to retain him, including offering a renewal amid widespread interest.

Which clubs are showing interest in Álvarez?

Arsenal, Chelsea, Manchester United, and Barcelona are among the clubs mentioned; Manchester City previously showcased his quality.

How is Álvarez performing this season?

He has 12 goals and 6 assists in 34 appearances, a solid tally though not the peak of elite stars.

Did Atlético reject any bids?

Yes, reports suggest Arsenal’s €120 million bid during the Club World Cup was rejected.