June 1, 2026
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The dust has barely settled on the Champions League final, yet Paris Saint-Germain’s hierarchy is already sharpening its focus on one target: securing Julian Alvarez. The club’s leadership is reportedly preparing to launch a high-stakes bid to lure the Argentine striker away from Atlético Madrid, with the asking price expected to soar past €100 million.

The attempt to sign Alvarez last summer fell short when the player opted for Atlético Madrid instead. The Spanish club outbid rivals with a €75 million deal, leaving the French side empty-handed. Now, Paris Saint-Germain is determined to revisit the pursuit, with sporting director Luis Campos reportedly reigniting talks to bring the 26-year-old to the Parc des Princes this summer.

Sources indicate that PSG’s sporting leadership has recently engaged with Alvarez’s agent, Fernando Hidalgo, to express renewed interest. A meeting between the two sides took place, signaling the club’s serious intent. However, negotiations were temporarily postponed to avoid internal disruptions during the Champions League final, a decision made to ensure the team’s undivided focus on the decider.

Atlético Madrid sets sky-high price for Alvarez

Atlético Madrid is holding firm on its valuation, demanding a fee that significantly exceeds €100 million for Alvarez. The Argentine’s recent Champions League success has only amplified his market value, making him a prime target for Europe’s elite clubs. With Paris Saint-Germain on the brink of making a formal bid, the question remains: will Alvarez heed the call to join the Ligue 1 champions this time around?