Real Madrid no longer pursuing summer deal for €150m target

Real Madrid no longer pursuing summer deal for €150m target Earlier this week, Real Madrid made an €150m offer for Julian Alvarez, which was rejected out of hand by Atletico Madrid . The Argentine striker was the mystery target that Florentino Perez teased during his presidential campaign, but despite hopes that the opening bid would be enough for a deal to be done, it was not the case. Upon rejecting Real Madrid’s offer, Atleti made it clear that they will not negotiate for Alvarez – as such, a deal would only be done if €500m, which is the value of his release clause, was paid. On the back of this, it has been decided by Perez and co that they will turn their attention elsewhere, as reported by Sport . It is not only because of Atleti’s stance that Real Madrid have moved on. According to the report, which takes information from Fabrizio Romano, there has been a complete breakdown between club bosses and the striker’s representatives, while the player himself is also very keen to move on quickly from the saga. Alvarez prefers to join Barcelona over Real Madrid Image via Getty Images Alvarez is keen to leave Atleti this summer, but he has made it clear that his desired destination is Barcelona, who made an offer of €100m prior to Real Madrid’s €150m bid. However, the proposal that was presented by Los Blancos has made the Catalans’ pursuit more difficult, as they are very unlikely to pay the amount that Los Colchoneros have already knocked back from the Bernabeu club. Real Madrid have moved on from Alvarez, but it will be interesting to see who they target now with the €150m they have to spend. Michael Olise is another attacker that has been on their radar, but like Atleti, Bayern Munich have made it clear that t hey are also not open to receiving any offers .