Álvarez admitted after the World Cup that he hopes to complete a transfer and fulfill his dream; Atletico had previously rejected Real Madrid's bid, with Barcelona and Paris Saint-Germain also linked.
Sevilla's sporting director has made a direct approach to Manchester United to sell midfielder Boubakary Soumaré for no more than €25 million, though questions remain over the player's late-season form and suitability for the physical demands of the Premier League.
Florentino has given the green light to Mourinho's first signing as Real Madrid accelerate talks for Enzo Fernández; Chelsea's new head coach Xabi Alonso needs to trim the squad, with parallel negotiations possibly advancing on both fronts.
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