Manchester City forward Julian Alvarez is on the verge of joining Atletico Madrid after the two clubs agreed a deal worth AED 377 million (£81.5m).
Alvarez has been waiting to make a decision on his future until after Argentina's Olympic run, and after the World Cup holders were knocked out by France last Friday, the forward has seemingly made up his mind to leave the Premier League champions.
The forward is in talks with Madrid over personal terms but the transfer is expected to go through, which will make it the biggest deal for a City player since the sale of Raheem Sterling to Chelsea in 2022 for AED 233 million (£50m).
Alvarez has scored 36 goals in 106 appearances for Pep Guardiola's side.
Meanwhile, Atletico have also agreed a deal with Chelsea to sign midfielder Conor Gallagher.
Dubai to spotlight future of sport at World Sports Summit
Safeguarding rules bar 15-year-old Sooryavanshi from Indian dressing room
Top contender Sabalenka faces fresh scrutiny at Wimbledon as mental scars linger
Munoz strike sends Colombia into World Cup Round of 32
Qatar's sports minister, Madibo visit Canada's injured Kone
