Atletico laugh and mock Real Madrid after rejecting 1650.71 crore offer for Julian Alvarez

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Real Madrid's first major move after Florentino Perez secured another term as club president has ended in rejection, with Atletico Madrid refusing a substantial bid for Julian Alvarez. Perez had indicated before the election that a ‘Galactico’ signing would be pursued if he retained the presidency. Two days after winning the election, that commitment materialised in the form of a 150 million euro (1650.71 crore) offer for the Argentina international.

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