Recent developments have cast doubt on Julián Álvarez’s future, as transfer analyst Fabrizio Romano stated on his official X account that there are currently no ongoing negotiations regarding a new contract with Atlético Madrid.
Romano’s post:
No active talks are taking place for Julián Álvarez new deal at this stage.
Simeone: “His future? He’s old enough to know what he wants to do and I imagine he has already made his decision.”
Barça, PSG and Premier League clubs are still on it.

Softfootball reported in April 2026 that Álvarez sought to quell rumors by affirming his commitment to Atlético despite indications that Barcelona was interested in a potential transfer. Atlético has maintained a firm stance that they are not intending to sell.
The situation drew additional attention when Atlético’s head coach Diego Simeone remarked that the choice might primarily be in the hands of the player.
Commenting on the future of the forward, Simeone suggested that Álvarez has the experience needed to determine his direction and implied that the Argentine might already have a decision in mind.

There remains significant interest in the striker throughout Europe, with FC Barcelona, Paris Saint-Germain F.C., and a number of Premier League clubs closely tracking the situation.
If Barcelona is unable to land Álvarez, reports suggest the Catalan club may turn their attention to Victor Osimhen, although questions linger regarding the financial implications of such an acquisition for the club’s long-term strategy.
