Real Madrid president Florentino Perez promised he would make a sensational €150 bid for a mystery player should he win the election.
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Perez has since been renamed Real Madrid president and speculation is mounting on who the player might be ahead of his Tuesday deadline.
Reports out of Spain have suggested that Atletico Madrid forward Alvarez could be that very player in what would be a controversial move.
Fernando Hidalgo, the 26-year-old’s agent has now offered a blunt response to the rumours, saying: “We have no information on the matter and no one has contacted us about it.”
LaLiga champions Barcelona have also been heavily linked with a move for the 2022 World Cup winner.