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Atletico Madrid have brutally mocked arch-rivals Real Madrid on social media following their shock official statement regarding a massive €150 million (£129m/$173m) bid for Julian Alvarez. The Rojiblancos dismissed the extraordinary announcement with a sarcastic list of clarifications, brutally claiming their city neighbours are far more laughable than reigning La Liga champions Barcelona.

Real Madrid have released a remarkable official statement confirming that their club-record €150 million (£129m/$173m) offer for Julian Alvarez has been rejected by rivals Atletico Madrid. The extraordinary announcement finally reveals the true identity of the mystery Galactico that club president Florentino Perez promised to sign following his recent re-election campaign.

The race for Julian Alvarez has taken an explosive turn as reports link the Atletico Madrid star with a controversial move across the capital. Speculation is mounting that the Argentine forward has become the primary target for Real Madrid president Florentino Perez in a deal that could rock La Liga.

Juventus are preparing for a major offensive in the transfer market as they look to completely overhaul their attacking options ahead of the new season. The Bianconeri are prioritising the arrival of Atletico Madrid striker Alexander Sorloth before turning their full attention to Paris Saint-Germain star Randal Kolo Muani.