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Manchester City CONFIRM £18m signing of River Plate forward Julian Alvarez with the 22-year-old breakout star returning to the Argentine club on loan for the rest of the season

Manchester City have confirmed the £18m signing of River Plate forward Julian Alvarez this afternoon.

The 22-year-old Argentine has signed a five-and-a-half-year deal but will return to River Plate on loan for the remainder of the season.

The Argentine is being tipped as the brightest young talent in Argentina following his breakout season, where has scored 19 goals in 33 league games this season as well as registering 18 assists.

Manchester City will complete the u00a318m signing of River Plate forward Julian Alvarez

Manchester City will complete the £18m signing of River Plate forward Julian Alvarez

Alvarez will become a City player but will return to River Plate on loan until the summer

Alvarez will become a City player but will return to River Plate on loan until the summer

In a statement on their official website, City's Director of Football Txiki Begiristain said Alvarez was a player they've monitored for some time and believe he is a player with significant potential.