MADRID (AP) — Real Madrid says city rival Atletico Madrid has rejected an offer of 150 million euros ($173 million) for Argentina forward Julián Álvarez.
The offer was part of the campaign promises made by Real Madrid President Florentino Pérez, ahead of his re-election on Sunday.
The 15-time European champion said that, “After reviewing and evaluating the offer, Club Atlético de Madrid has expressed its gratitude for the proposal, made within the framework of the good relations between both clubs, and has rejected it, referring to the player’s release clause.” Spanish media reported that this was 500 million euros ($577 million).
Real Madrid endured a second straight season without a major trophy.
Also Tuesday, it parted ways with coach Álvaro Arbeloa, who had replaced Xabi Alonso in January. The move sets up the expected return of José Mourinho.
AP soccer: https://apnews.com/hub/soccer
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.
Please purchase a Premium Subscription to continue reading.
To continue, please log in, or sign up for a new account.
We offer one free story view per month. If you register for an account, you will get two additional story views. After those three total views, we ask that you support us with a subscription.
A subscription to our digital content is so much more than just access to our valuable content. It means you’re helping to support a local community institution that has, from its very start, supported the betterment of our society. Thank you very much!
Only subscribers can view and post comments on articles.
Already a subscriber? Login Here
Join the San Mateo Daily Journal in Fiesta Hall at the Community Expo at the San Mateo County Fair! Read moreSan Mateo Community Expo at the Fair
Join New York Times bestselling author Caroline Paul for a lively discussion of her book Tou… Read moreBook Club with Author Caroline Paul
Dirk van Ulden said:
CA Is Burning said:
Success! An email has been sent to with a link to confirm list signup.
Error! There was an error processing your request.
Sorry, an error occurred.
Already Subscribed!
Cancel anytime
Thank you .
Your account has been registered, and you are now logged in.
Check your email for details.
Submitting this form below will send a message to your email with a link to change your password.
An email message containing instructions on how to reset your password has been sent to the email address listed on your account.
No promotional rates found.
Secure & Encrypted
Thank you.
Your gift purchase was successful! Your purchase was successful, and you are now logged in.
| Rate: | |
| Begins: | |
| Transaction ID: |
A receipt was sent to your email.
(0) comments
Welcome to the discussion.
Log In
Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.