Manchester City have reportedly reached an agreement for River Plate striker Julian Alvarez to move to the Etihad Stadium next summer.
According to Fabrizio Romano, Man City have reached a £15.5million (€18m) agreement with River Plate to sign their star man this month.
The Argentine striker will sign a five-year contract in east Manchester but return to River Plate on loan until July.
Alvarez’s reputation has grown thanks to his impressive contributions in the final third throughout the 2021 season in South America.
He scored 24 goals and provided 15 assists in 46 games in all competitions last term and is showing signs of high potential.
Alvarez was also targeted by United, Atletico Madrid, AC Milan and Inter Milan in a race between some of Europe’s biggest clubs.
City were desperately pursuing a new striker in the summer after all-time leading goalscorer Sergio Aguero left on a free transfer.
However, their window-long attempt to lure Harry Kane to the Etihad was unsuccessful, and Guardiola was left empty-handed – though a club-record £100m deal for Jack Grealish was still struck.
The failure to sign a striker hasn’t affected his side, as they currently lead Liverpool at the Premier League summit by nine points.
But Guardiola likely won’t view Alvarez as Aguero’s long-term replacement and may still target a more established name at the end of the season.
Alvarez’s arrival comes with a similar vibe to Gabriel Jesus’ move when he joined City as a teenager from Brazilian outfit Palmeiras five years ago.