Olympiacos intensifies transfer activity with moves for Alvarez, Vargas and Maehle

Olympiacos FC is actively pursuing several high-profile signings before the closing of the summer transfer window and the UEFA Conference League registration deadline on September 3. The club has prioritized negotiations for Mexican defensive midfielder Edson Alvarez from West Ham, with recent reports indicating a formal loan proposal or a potential transfer fee offer of 8 to 12 million euros. Real Sociedad previously expressed interest in the 28-year-old, but the player is currently evaluating his options to remain at a high level of European football.

Simultaneously, Olympiacos is close to securing deals for other positions. Negotiations for Danish fullback Joakim Maehle are reportedly in advanced stages, with the club seeking a resolution with Wolfsburg, whose valuation is around 4 million euros. Furthermore, reports from Italy and Spain suggest a near-finalized agreement for Swiss winger Ruben Vargas from Sevilla. The potential deal for Vargas is estimated at 12 million euros plus 2 million in potential bonuses, pending final terms. These strategic moves follow the team's opening league victory against Atromitos, as manager Jose Luis Mendilibar aims to strengthen the squad for the upcoming season.