Manchester City will have to pay £1m to bring Julian Alvarez to the Etihad in the summer, River Plate's president has confirmed.
City signed Alvarez in January for £14.1m, allowing him to remain at River Plate until at least the summer, with their season beginning in February. Alvarez has started the campaign well, scoring eight and providing three assists in 14 games. He continued that good form with a hat-trick this week against Sarmiento Junin in just over an hour — his second of the season.
River Plate's president and vice-president spoke last week of their expectations that City will exercise their right to bring Alvarez to the Etihad for pre-season in July, as Pep Guardiola has repeatedly indicated is the plan. Now, though, River president Jorge Brito has confirmed City must pay a pre-agreed fee of €1.2m (£1m) if they go down that route.