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According to official news on August 12, Atletico Madrid signed 24-year-old Manchester City striker Alvarez. According to the famous reporter Romano, the total transfer fee of Alvarez is as high as 95 million euros.

The transfer fee consists of: 75 million euros basic transfer fee + 20 million euros floating bonus.

Atletico Madrid officially announced Alvarez's joining in a special way: "Atletico Madrid, enter the Spider-Man era!"

Alvarez is 24 years old and plays as a forward on the field. He can also play as a second forward and winger.

In January 2022, Manchester City spent 21.4 million euros to introduce Alvarez from River Plate, and the player officially joined Manchester City in July of that year. In the two seasons he played for Manchester City, Alvarez played 103 games in all competitions, contributed 36 goals and 18 assists. He also won important club honors such as the Champions League, Premier League, and Club World Cup with the team.

Last season, Alvarez played 54 games for Manchester City, contributing 19 goals and 13 assists. His current transfer value on Transfermarkt is 90 million euros.