Euro Transfer News: Julian Alvarez on Move Again, Tottenham Back in for Ivan Toney

Euro transfer news has heated up once again with several big-name players potentially changing clubs in the coming months. The spotlight is currently on Atletico Madrid’s Julian Alvarez, who could be on the move despite joining the Spanish side only recently, while Tottenham Hotspur are reportedly renewing their interest in England striker Ivan Toney. Alongside these stories, rumors are swirling about David Alaba’s future at Real Madrid and Manchester United’s midfield transfer targets. Here’s a comprehensive look at some of the latest developments across Europe’s top leagues.

Julian Alvarez on Move Again: Frustration at Atletico Madrid

Julian Alvarez’s current situation has grabbed headlines in Spain, with sources suggesting that the Argentine striker is becoming increasingly restless at Atletico Madrid. Having moved to the La Liga side from Manchester City in the summer of 2024, Alvarez’s time has not gone as smoothly as planned. Atletico currently find themselves struggling in the league — sitting fourth and trailing Real Madrid by eight points — and their heavy 4-0 defeat to Arsenal in the UEFA Champions League further highlights the challenges the club is facing.

According to Spanish outlet SPORT, Alvarez’s frustrations have been apparent from the start of the season, and though he has avoided openly discussing his future, people close to the forward have confirmed his feelings. The forward is reportedly pondering a move away from Atletico if the club’s ambitions to compete for silverware don’t materialize. Barcelona, keeping a close eye on Alvarez, could swoop in to add him to their already impressive attacking arsenal.

The Argentine’s decision is critical — he initially chose Atletico because of Diego Simeone’s influence and the club’s significant investment of nearly €80 million. However, if Atletico’s project falters, Alvarez could be set for another transfer to a European club with more concrete competitive prospects.

Tottenham Hotspur Back in for Ivan Toney

Another hot topic in euro transfer news is Tottenham Hotspur’s reported intentions to try and sign Ivan Toney once again. The English striker who made his name with Brentford before moving to Saudi Arabian side Al Ahli in August 2024 has caught Spurs’ attention. According to the Spanish transfer news source Fichajes, Tottenham could be preparing a €60 million bid to bring the 29-year-old striker back to the Premier League.

Toney’s form in Saudi Arabia remains impressive, but with key attackers lost in the Tottenham squad, the north London club sees Toney as a proven goal threat who can bolster their frontline. Spurs fans will remember Toney’s influential role in Brentford’s rise to the top flight, and his potential return could significantly strengthen their attacking options in what is expected to be a competitive battle for Champions League qualification.

David Alaba Set to Become a Free Agent?

On the defensive side of things, Real Madrid’s David Alaba is drawing transfer speculation of his own, but with a very different twist—he could be available on a free transfer. The experienced Austrian defender’s contract is up in 2026, and reports from journalist Florian Plettenberg suggest that Real Madrid are unlikely to offer an extension.

Despite his age at 33, Alaba remains highly valued at Los Blancos and continues to perform at a top level. He is reportedly committed to extending his playing career and is not considering retirement yet. This combination of longevity and top-level experience makes Alaba an appealing prospect for numerous clubs should he leave Madrid on a free transfer.

Manchester United Eye France International Manu Kone

Finally, Manchester United have been linked with France international Manu Kone, a 24-year-old midfielder currently with Roma. The Frenchman has made limited appearances for the Italian club this season but has caught the attention of the Red Devils, who are reportedly looking to strengthen their midfield during the upcoming transfer window.

Since adopting Ruben Amorim’s system, United’s midfield balance has been questioned, and Kone’s addition could be seen as a strategic move to add depth and versatility. As the January transfer window approaches, all eyes will be on whether United make a decisive move for the young French midfielder.


What to Expect Next in Euro Transfer News?

With the January window looming, the transfer rumours surrounding these players highlight the dynamic and fast-moving nature of the European football market. Julian Alvarez’s potential shift could cause ripples in La Liga’s title race, while Tottenham’s pursuit of Ivan Toney could have a substantial impact on the Premier League’s attacking landscape. Meanwhile, David Alaba’s free agency represents a rare opportunity for clubs seeking elite defensive talent without a transfer fee, and Manchester United’s interest in Manu Kone adds further intrigue to their quest for midfield stability.

Fans and analysts alike will be watching closely as these stories develop, eager to see how clubs react and negotiate in the coming weeks. One thing is certain: the transfer market will continue to offer surprises in what promises to be an action-packed winter window.