The former Manchester City striker is interesting Barcelona and has been linked with Chelsea this week.
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However, Alvarez's agent insists the Argentina international is happy at Atletico.
"Any club interested in Julian should contact Atletico Madrid’s management, as the player is under contract and committed to the club,” Fernando Hidalgo told Eremnews.
“It’s not true, I haven’t met with (sporting director) Deco or anyone from Barcelona during the current period,”