Julian Alvarez set to join Atletico Madrid over PSG

Manchester City's striker, Julian Alvarez, has been a key target for PSG to bolster their attack, but he is now on the verge of joining Atletico Madrid.

PSG has decided to ramp up their transfer activities in August. On Monday, they officially announced the signing of Joao Neves and the loan departures of Xavi Simons (to RB Leipzig) and Renato Sanches (to SL Benfica). In their central defense, the Parisian club is close to securing the Ecuadorian defender Willian Pacho from Eintracht Frankfurt.

In their pursuit of a top striker, the deal for Victor Osimhen has hit a snag due to Napoli's high demands. Consequently, PSG turned their attention to Manchester City's Julian Alvarez. The Argentine international is open to leaving this summer to seek more playing time.

READ MORE: PSG seals swift deal for Willian Pacho

Julian Alvarez set to join Atletico Madrid over PSG

However, Atletico Madrid, PSG's main competitor for Alvarez, is on the brink of sealing the deal. According to The Athletic's journalist David Ornstein, the Colchoneros are nearing an agreement with the English champions. Although a full agreement has not yet been reached, it is reportedly close, with discussions focusing on the final price and payment structure.

The 24-year-old player is keen to join the Spanish club, and personal terms are not expected to be an issue. Therefore, it seems PSG will have to abandon this pursuit and look for another option to strengthen their attack.

PSG's ambitions to fortify their squad for the upcoming season face challenges, especially in securing top-tier talent for their attack. With Alvarez leaning towards Atletico Madrid, PSG will need to pivot quickly to identify and acquire another forward who can complement their offensive lineup and meet their strategic goals. The Parisian club's ability to adapt and respond in the transfer market will be crucial in ensuring they remain competitive on all fronts, both domestically and in European competitions.