Chelsea Launch €85m Bid for Julian Alvarez

Last Updated : 20-Jan-2026 by Footymad

Chelsea have reportedly submitted an initial €85m offer to Atletico Madrid for Julian Alvarez.

New Blues boss Liam Rosenior is desperate for a clinical finisher to lead his line, and reports suggest Enzo Fernandez has been tasked with convincing his international teammate to make the switch.

While Atletico could demand up to €150m, the former Manchester City forward is understood to be "keen" on a return to England after 18 months in Spain.