Julian Alvarez transfer: PSG’s hopes dashed as Barcelona emerges as clear favorite
As the summer transfer period draws near, Paris Saint-Germain is expected to be particularly active in the market. The Parisian club has been consistently linked with Argentine goal-scorer Julian Alvarez from Atlético Madrid. However, recent developments bring unwelcome news for PSG: renowned transfer expert Fabrizio Romano indicates that Alvarez may ultimately favor an offer from FC Barcelona over one from the French capital.

Each summer, PSG typically leverages the transfer window to strengthen its squad and optimize its roster. The upcoming 2026 edition promises to be quite eventful for the Île-de-France club, especially with the potential departure of Bradley Barcola, a player Liverpool is reportedly pushing hard to acquire. Consequently, the PSG management remains vigilant in the market for attacking talent, and one name has surfaced repeatedly in recent weeks: Julian Alvarez, the 26-year-old forward from Atlético Madrid.
Barcelona’s €100M bid for Julian Alvarez?
The challenge for PSG lies in the fierce competition for the Argentine striker from the Colchoneros. Fabrizio Romano delivered a significant update on his YouTube channel, revealing a disheartening prospect for PSG: Julian Alvarez appears to prioritize FC Barcelona for his next move. Romano stated, « Barcelona, after meeting with Julian Alvarez’s agent, has decided to prepare an offer they will submit in the coming days. Barcelona is preparing the first official offer for Julian Alvarez. Barcelona won’t send it today. They are discussing internally how they want to proceed. But the offer will be sent soon. The total would be around €100M, and could include bonuses but will not include players. »
« His next destination is very clear: it’s Barcelona »
This insight suggests that PSG may soon have to abandon their pursuit of Julian Alvarez, particularly as the Atlético player seems resolute about his future. Romano emphasized, « Julian Alvarez has already been clear with Atlético Madrid; he will not sign a new contract. He wants to leave. And his next destination is very clear: it’s Barcelona. » A clear message for PSG, leaving little room for doubt.