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Home » Transfer News » 120 M€ for Julián Álvarez, PSG is not crazy
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120 M€ for Julián Álvarez, PSG is not crazy

Last updated: 17 November 2025 2:05 PM
James B. 1 month ago 3 Min Read
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Put on hold in recent months, the Julián Álvarez case is resurfacing with a bang. Luis Enrique is a big fan, the player is intrigued… and Paris could reignite the fire as early as the next transfer windows.

At PSG, no one has forgotten Julián Álvarez. The Spanish coach still sees him as the ideal striker for his system: mobile, disciplined, technical, and capable of playing all offensive positions. It goes without saying that the Argentine ticks all the boxes. Once filed away, the case is now back in the spotlight, driven by the insistence of Luis Enrique, who has never abandoned this idea.

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According to Sky Sports, Paris has been actively pursuing this lead for several weeks, and optimism is high: Julián Álvarez is reportedly completely open to the idea of joining PSG. The player, very attuned to Luis Enrique’s style, even sees Paris as a logical step forward in his career. Courted by several English clubs as well as Barça, he has nonetheless closed the door on a return to the Premier League, believing he has already proven everything he needed to prove there.

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But 120 M€, that’s a no for Paris

The real sticking point comes from Atlético Madrid. The club is demanding up to 120 million euros, a sum deemed outrageous by Doha. PSG has no intention of paying such an amount, even for a player perfectly suited to their project. Negotiations are therefore expected to be particularly tough: Atlético does not want to concede anything, Paris refuses to overpay, but the Parisians know that a profile as compatible with Luis Enrique is hard to come by.

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In conclusion: the saga is officially back on. With a determined coach, a player excited about the idea, and an attack that needs strengthening, the Julián Álvarez case could become one of the major stories in the coming months. And this time, it’s hard to deny the obvious: the lead is hotter than ever. But cheaper…

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