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Atletico Madrid offer Joao Felix to Manchester City as makeweight for £85m-rated Julian Alvarez in loan deal with option to buy – plus cash

Atletico Madrid have offered Joao Felix to Manchester City as part of a deal for Julian Alvarez

  • Atletico Madrid have offered Joao Felix on loan as part of Julian Alvarez deal 
  • The proposal also includes cash plus an option to sign Felix permanently

Atletico Madrid have offered Joao Felix to Manchester City as part of a deal for Julian Alvarez, whose future at the Etihad has been under scrutiny this summer.

The proposal involves Atletico offering Felix on loan with an option to buy, plus cash, and would see them bring the Argentina striker to the Spanish capital in return.

City have previous interest in Felix, which dates back to before his loan spell at Chelsea in 2023.

Although City want to keep Alvarez, the 24-year-old is eager to make the switch to Atletico, and has previously vocalised a frustration at missing out in key games.

The reigning Premier League champions value Alvarez at £75million plus a further £10m in performance-based bonuses. 

Atletico Madrid have offered Joao Felix to Manchester City as part of a deal for Julian Alvarez

Although City want to keep Alvarez, the 24-year-old is eager to make the switch to Atletico

Although City want to keep Alvarez, the 24-year-old is eager to make the switch to Atletico

Felix, who scored four goals in 20 games for Chelsea, spent last season on loan at Barcelona, for whom he netted ten times in 44 appearances.

The Portugal international has featured for Atletico in pre-season but his future remains uncertain. 

Atletico attempted to sign Alvarez earlier this summer but were unable to finalise a deal, while Paris Saint-Germain remain interested in him.

Alvarez previously stated that he wants to feature more prominently for City in ‘important matches’.

He said: ‘Last season, I was one of the players with the most minutes at City. But… in the end, you don’t like being left out of important matches; you want to contribute.

‘I’ll take my time to think about what I want for myself. We will see after the Games. First, if I can, I will take a few days off. Then we will decide.’

Guardiola issued a blunt response when asked about Alvarez’s future.

Pep Guardiola's City have interest in Felix which dates back to before his spell at Chelsea

Pep Guardiola’s City have interest in Felix which dates back to before his spell at Chelsea

He said: ‘I don’t think about replacing. I knew he said he will think about it.

‘Once he has finished thinking, his agent will call Txiki [Begiristain] and we will see what happens.

‘I know he wants to play important moments, yeah. But the other ones [do] too….

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