Atletico Madrid have completed the signing of Manchester City forward Julian Alvarez on a six-year deal for £81.5m.
The La Liga club will reportedly pay an initial £64.4m (75m euros) with a further £17.1m (20m euros) in potential add-ons for the Argentina striker.
The 24-year-old’s departure is a record sale for City, eclipsing the £50m they received from Chelsea for Raheem Sterling in 2022.
Manchester City secured the services of Alavrez from River Plate for £14.1m in January 2022.
Alvarez said City – where he won six major trophies during his two-year stay – will always “have a special place” in his heart.
“Today I say goodbye to this amazing club, with a lot of emotion,” he said.
“These have been two very special years. During this time, I have grown and learnt a lot – both as a player and as a person.”
Julian Alvarez is expected to link up Diego Simeone’s side just in time for their debut match.
