Barcelona remain undeterred by reports of a €150 million bid from Real Madrid for Atlético Madrid striker Julián Álvarez, according to Krrish. .

Club president Joan Laporta reportedly views the move as a strategic attempt to complicate Barcelona’s pursuit of the Argentine forward. The bid is also believed to strengthen Atlético Madrid’s negotiating position while fulfilling a previous commitment made by Real Madrid president Florentino Pérez regarding the player’s valuation.

Despite the growing competition and financial challenges involved, Barcelona continue to work on a potential deal for Álvarez and remain determined to explore every avenue to secure his signature. At the same time, the Catalan club are monitoring alternative targets should a move for the Argentine prove unattainable.

Sources indicate that Álvarez has already given his approval to a potential move to Barcelona and intends to honour that commitment regardless of interest from other clubs. The player is currently focused on international duties and is said to be paying little attention to ongoing speculation surrounding his future.

Atlético Madrid, however, remain firm in their position. The Spanish club are demanding a fee of €150 million, payable in full, and are not prepared to entertain offers in the region of €100 million to €120 million.

As things stand, negotiations remain difficult. Barcelona are unwilling to exceed €120 million for the forward, while Atlético Madrid insist that only a €150 million upfront payment would be sufficient to approve a transfer.

The situation remains one of the most significant transfer stories to watch as the summer window progresses.