Chelsea are looking for Julián Álvarez and will have to pay £80 million for his signing

TyC Sport has reported that Chelsea are interested in a transfer for city ​​of manchesterJulián Álvarez this summer, but will face stiff competition from Atlético Madrid and Paris Saint-Germain.

The Argentine striker He started for the Citizens on 31 occasions in the Premier League this season. but he was disappointed to have only two starts in his Champions League Campaign.

The report says that Alvarez wants a bigger role at the club, and although he has not yet formally asked to leave Manchester City, Chelsea have been alerted to the situation and are considering a bold move this summer.

GiveMeSport has reported that Manchester City manager Pep Guardiola highly values ​​Álvarez, having previously praised him as an “extraordinary player.”

The report says City have tagged the World Cup winner with a price tag of at least £80m, which would be the “starting point for any discussion of his departure”.

GMS adds that Bayern Munich may also be considered a candidate for Álvarez's signature, but City “would like to retain him” and hopes that the matter “will be resolved quickly.”

Chelsea are unlikely to be favorites for Álvarez

Chelsea's interest in signing a striker this summer is no secret and with the £110m transfer fee for Victor Osimhen having been discounted, Enzo Maresca's side have added Alvarez to their shortlist.

While Chelsea will be able to guarantee Álvarez the regular job he seeks, his recent history of finishing poorly in the first division and missing out on the Champions League could be an impediment in their pursuit of the Argentine international.

Atlético Madrid, Bayern Munich and Paris Saint-Germain are also in a better financial situation than the Blues, meaning they can bow to Manchester City's demands and offer the striker an attractive salary.

The European trio would also provide Alvarez with a new challenge having won every possible accolade in England with Manchester City, while a transfer to Chelsea could see him as a demotion.

His goal of playing more regularly in the Champions League is also more achievable if he signs with Atlético, Bayern or PSG rather than Chelsea.

Any transfer for Álvarez would have to materialize after the Copa América and City will hope he has a fantastic tournament in the United States that allows them to seek a higher transfer fee if they decide to sell.

However, it is difficult to think that Chelsea have any significant chance of landing the 24-year-old.