Manchester City have the option of bringing youngster Julian Alvarez to the club in July if they pay €1.5m to do so.
That’s according to journalist Germán Balcarce, who has provided a breakdown of the deal to bring the Argentine to the Etihad.
Manchester City completed a deal for highly-rated Alvarez earlier this year, agreeing to pay £15.3m to sign him from River Plate, to whom they have loaned him back until the end of the season.
He’s set to remain in Argentina until the end of their league campaign, with Guardiola recently insisting that the player would be joining him and not going somewhere else in the City Group network.
It seems, however, that if he wants the 22-year-old to join his Manchester City squad in the summer, he will have to pay to do so.
Balcarce reports that City have paid €21.4m for 100% of Alvarez’s rights, although this will be paid in five instalments.
The first of those payments has already been made and was €4,11,5000 while the second payment of €4,250,00 has also been paid.
The third and fourth instalments are set to be paid on 31st July this year and 28th February next year.
The final payment will cover what’s remaining and is due on the 31st July 2023.
Alvarez is set to stay with River Plate until 31st December this year, but if Manchester City wish to terminate that early, they can do so at any point in July, but they will have to pay €1.5m and send that amount within 30 days of doing so.
If they don’t, Alvarez will remain with River Player until 31st December before then joining up with his new club in the January transfer window.
#RIVER | CIFRAS OFICIALES
💶 La transferencia de Julián Álvarez al Manchester City se hizo en 21.411.500 € brutos por el 100 %, a pagar en cinco cuotas con vencimiento final el 31/07/2023.
🔎 Si el préstamo hasta el 31/12/2022 se rescinde, River recibirá 1.500.000 € netos.
— Germán Balcarce (@GermanBalcarce) March 11, 2022
