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El Chiringuito reports that Alvarez is looking for a new challenge and has turned down a four-year contract extension at Manchester City.
Both Chelsea and Paris Saint-Germain are interested in the World Cup winner, but they would need to pay at least £70 million (€81 million/$89 million) to secure his transfer from the Etihad.
The Bigger Picture
Losing Alvarez would be a significant blow for City. Despite not being as high-profile as Haaland or De Bruyne, the Argentine has been vital to Pep Guardiola’s squad.
Since joining in 2022, his impact, especially as a substitute or in Haaland’s absence, has helped City dominate the Premier League.
Did You Know?
At 24, Alvarez has already won the FA Cup, League Cup, Champions League, World Cup, Copa America, and Premier League. Last season, he contributed 32 goals in 54 appearances for City.
Future Plans for City and Alvarez
Alvarez will have to wait for the right opportunity to move to a new team. With his contract running until 2028, he will join his teammates for preseason training and the upcoming tour in the United States.