The 26-year-old has been heavily linked with a move to Barcelona, along with Premier League sides Arsenal and Chelsea.
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Speaking after Atletico’s 2-1 La Liga defeat to Barcelona on Saturday (April 4), Cerezo was scathing of the continued rumours.
"You are crossing the line a little with Alvarez. He's an Atletico Madrid player and has a long contract with the club,” he said.
Alvarez cost Atletico £82 million from Man City back in 2024 and has scored 46 goals in his 101 appearances across all competitions.
