Liverpool plan to spend more than £250m this summer on signing Atletico Madrid and Argentina striker Julian Alvarez, 25, RB Leipzig and Netherlands midfielder Xavi Simons, 21, and Inter Milan and Italy defender Alessandro Bastoni, 25.

Atletico Madrid have offered Portugal forward Joao Felix, 24, to Manchester City on loan as part of a deal for 24-year-old Argentina striker Julian Alvarez.

Atletico Madrid have opened talks with Manchester City over a deal for Argentina forward Julian Alvarez.

Atletico Madrid are in discussions with Manchester City over a move for their Argentina forward Julian Alvarez, 24.

Barcelona and Paris St-Germain are hoping to convince Argentina forward Julian Alvarez, 24, to leave Manchester City this summer.