Manchester City close in on triple first-team departure as €95 million agreement reached with Atletico Madrid

Pep Guardiola is expected to see a third first-team player leave within the space of 24 hours as Julian Alvarez closes in on his long-awaited move to Atletico Madrid.

Given the seismic nature of the Argentine’s switch to the La Liga club, it remains to be seen whether Manchester City choose to hunt down a replacement for the 24-year-old, with Tuesday bringing about plenty of links to potential new names.

Alvarez’s exit to the Metropolitano will be accompanied by a number of loan moves either side of his own confirmation, with two deals having been confirmed by their respective temporary new clubs this week.

Following yet another busy day in the world of Manchester City transfer activity, here is everything you need to know in order to remain up to date with the Premier League champions following day 54 of the window!

Arrivals

Despite reports of Joao Felix being offered to Manchester City as part of a deal for Julian Alvarez, that was not an option they wanted to pursue. (Sam Lee, Athletic)

There has been no recent movement involving Manchester City and Crystal Palace’s Eberechi Eze. (Sam Lee, Athletic)

Wolves’ Pedro Neto is one of the players to have interested Manchester City this summer. (James Ducker, Telegraph)

Manchester City have left Crystal Palace concerned that they will come knocking for Eberechi Eze in light of allowing Julian Alvarez to join Atletico Madrid. City will have to pay an upfront fee of £60 million, along with add-ons, but Pep Guardiola is currently resisting the temptation to pounce due to already having the likes of Bernardo Silva and Phil Foden. (GIVEMESPORT)

Manchester City are in no rush to push ahead with any of the big-name targets on their radar, including Eberechi Eze and Pedro Neto. (Graeme Bailey, HITC)

Departures

Atlético Madrid and Manchester City have agreed a fee for Julian Alvarez worth up to €95 million. (Simon Bajkowski, X)

Julian Alvarez to Atlético Madrid: €75 million plus €20 million in add-ons agreed with Manchester City. (Simon Stone, X)

Julian Alvarez to Atletico Madrid. Here We Go: A deal is in place for a €75 million initial fixed transfer fee, plus a further €20 million in add-ons. The striker has now also accepted a five-year contract at Atletico Madrid. (Fabrizio Romano)

Norwich City have signed Callum Doyle on a season-long loan from Manchester City. (Official)

Peterborough United have signed Mahamadou Susoho on a season-long loan from Manchester City. (Official)

Contract Renewals

N/A

Confirmed Deals

Savinho to Manchester City from Troyes (£21M potentially rising to £33.6M through add-ons)

Timeo Whisker to Manchester City Under-18s from Cardiff City Academy (Terms unknown)

Ryan McAidoo to Manchester City from Chelsea (Terms unknown)

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Yan Couto to Borussia Dortmund (Season-long loan, €30M obligation to buy)

Taylor Harwood-Bellis to Southampton (£20M obligation to buy)

Liam Delap to Ipswich Town (£15M potentially rising to £20M through add-ons, 20 per cent sell-on clause, buy-back clause)

Sergio Gomez to Real Sociedad (€10M permanent transfer, 30 per cent sell-on clause)

Lewis Fiorini to Stockport County (£300,000 potentially rising to £1 million)

Callum Doyle to Norwich City (Season-long loan, loan fee paid)

Mahamadou Susoho to Peteborough United (Season-long loan)

True Grant to Buxton (Season-long loan)

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Stefan Ortega has signed a one-year contract extension at Manchester City until the end of the 2025/26 season.

Scott Carson has signed a one-year contract extension at Manchester City until the end of the 2024/2025 season.