Liverpool Offer Darwin Nunez to Atletico Madrid to Unlock Julian Alvarez Transfer

Liverpool appear willing to cut their losses on Darwin Nunez—and it could help them land their dream No.9. In a strategic move to refresh the frontline under Arne Slot, Liverpool are reportedly ready to green-light Nunez’s sale for just £35m—but only to Atletico Madrid—in hopes it paves the way for a Julian Alvarez Liverpool transfer worth over £100m.

Nunez Exit Could Be the Key to Alvarez Arrival

Signed for a club-record £85m, Nunez’s erratic form has left Liverpool open to offers this summer. Though Saudi clubs remain interested, a new report from AnfieldWatch claims Liverpool are prepared to accept a huge loss on the Uruguayan striker—but only if Atletico Madrid are involved.

That’s because Liverpool are eyeing a blockbuster move for Julian Alvarez, the 25-year-old Argentina international who has shone for Atleti since arriving from Manchester City. With 27 goals in his debut campaign and a profile that screams modern Liverpool forward, Alvarez is considered “the perfect fit” for Slot’s new era at Anfield.

“He’s a facilitator and a goalscorer… A grafter who can play a variety of roles across the forward line,” the report states.

Alvarez’s style—marked by relentless pressing, spatial awareness, and sharp finishing—has been likened to a young Roberto Firmino. Liverpool believe he’s the answer to their long-term No.9 conundrum and are reportedly willing to break their transfer record to make it happen.

Simeone Wants Nunez, Liverpool Want Leverage

The report adds that Diego Simeone is “infatuated” with Nunez and sees the 24-year-old as an ideal fit for his high-octane Atletico side. This mutual admiration opens the door for a unique swap-style scenario: Liverpool would allow Nunez to leave for a mere £35m if it gives them a financial edge in securing Alvarez.

With Atleti’s track record of structured deals—like Joao Felix and Conor Gallagher—Liverpool believe they can make the numbers work, especially as Alvarez reportedly has a strong relationship with Reds scouts Fernando Troiani and Gonzalo Siegrist, as well as his Argentina teammate Alexis Mac Allister.

Alvarez Open to Premier League Return

Despite being happy in Madrid, sources close to Alvarez believe he still has “unfinished business” in the Premier League after playing second fiddle to Erling Haaland at Man City. Liverpool, meanwhile, are prepared to make him the focal point of their attack—something no other club is currently offering.

“If Darwin turns down the riches of Saudi in favour of a move to Atletico,” the report concludes, “Liverpool could leverage this to land the No.9 they feel is perfect for the Slot project.”