Real Madrid confirm club-record €150m bid for Julian Alvarez has been rejected - with the identity of Florentino Perez’s ‘mystery Galactico’ transfer target being revealed
Real Madrid has officially confirmed that a record-breaking €150 million bid for Atletico Madrid's Julian Alvarez was rejected. The move follows club president Florentino Perez's campaign promise to sign a major 'Galactico' player.
Why it matters
This highlights the extreme financial inflation in elite European football and the high-stakes nature of club presidency politics.
Real Madrid have released a remarkable official statement confirming that their club-record €150 million (£129m/$173m) offer for Julian Alvarez has been rejected by rivals Atletico Madrid. The extraordinary announcement finally reveals the true identity of the mystery Galactico that club president Florentino Perez promised to sign following his recent re-election campaign.
The article reports on a factual club statement and transfer news without editorializing the club's actions.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in