PERSONAL TERMS AGREED‼️CHELSEA are set to seal their FIRST January signing after reaching an agreement with a £150 million South American superstar
Chelsea and Liverpool could receive a major boost in their pursuit of Atletico Madrid striker Julian Alvarez, as his transfer fee may be set for a significant reduction.
The Argentine World Cup winner has impressed in La Liga following a successful spell at Manchester City, where despite limited playing time, he showcased his undeniable quality in the Premier League.
Alvarez has been in fine form since his move to Atletico, finding the net 40 times in 83 appearances. This has caught the attention of Liverpool, according to Football Insider, with Chelsea also expressing strong interest per reports from Fichajes.
While Chelsea have reportedly shown willingness to pay a premium price for Alvarez, the latest updates from Fichajes suggest his valuation could drop substantially following a recent dip in form.
Julian Alvarez’s €150m price tag under threat amid goal drought
Julian Alvarez celebrates scoring for Atletico Madrid
Julian Alvarez celebrates scoring for Atletico Madrid (Photo by Angel Martinez/Getty Images)
Despite tallying 11 goals in 26 appearances this season, Alvarez has managed just two goals in his last 11 matches, raising questions about his current form.
At just 25 years old, the striker undoubtedly has the ability to rediscover his scoring touch. However, Fichajes reports that a prolonged slump could force Atletico to lower their asking price considerably.
The key question is whether this represents a temporary blip or signals that Alvarez has reached his peak at elite level, though it seems unlikely such a talented player has suddenly lost his edge.
Chelsea’s need for Julian Alvarez greater than Liverpool’s
While Liverpool have been linked with the Argentine, it’s difficult to envision them meeting Atletico’s financial demands.
The Reds strengthened their attacking options significantly during the summer of 2025, securing both Alexander Isak and Hugo Ekitike. With their forward line already well-stocked, there simply isn’t space for another striker of Alvarez’s caliber.
