Atlético Madrid has shown interest in acquiring Victor Osimhen from Galatasaray, offering €120 million for the forward. However, Galatasaray has declined this bid as of June 11, 2026. This development marks a significant moment in the transfer market, considering Osimhen's rising value since moving to Galatasaray from Napoli for €75 million in July 2025.
#What does this mean for the clubs interested in Osimhen?
Atlético Madrid is not alone in pursuing Osimhen. Premier League clubs, namely Manchester United and Chelsea, are also monitoring his situation. Reports from early to mid-June 2026 suggest Atlético is currently the frontrunner, yet Galatasaray reportedly values Osimhen at around €150 million. This results in a noticeable €30 million discrepancy between the initial offer and the valuation set by Galatasaray.
#How does Julián Álvarez's situation impact the transfer?
The potential transfer of Osimhen is closely tied to the fate of Atlético's current forward, Julián Álvarez. The club has been reforming its offensive strategy following Antoine Griezmann's departure, necessitating a high-caliber replacement. Osimhen meets these criteria, given his impressive performance and scoring ability.
#What can we anticipate in the transfer market?
Since Galatasaray acquired Osimhen for €75 million, the proposed valuation of €150 million reflects a 100% increase in just one season. The key factor to observe will be the outcome regarding Álvarez. Should a buyer emerge willing to meet Atlético’s asking price for Álvarez, the club may return with a better offer for Osimhen. Conversely, if Álvarez remains, Atlético could pivot away from the negotiations, potentially opening avenues for Manchester United and Chelsea to intervene.