Atletico Madrid are set to complete the loan signing of Chelsea striker Alvaro Morata today, according to multiple reports.
The player’s agent Juanma Lopez is in the offices of the Wanda Metropolitano on Monday afternoon to conclude negotiations, report Marca.
Morata joined the Blues from Real Madrid in a €65m deal last summer but has struggled for form for the majority of his time in the English capital.
Reports claims a deal will be finalised within hours which will see the Spain international move to the Wanda Metropolitano until the end of the season, with only an official announcement now missing.
Whilst Chelsea are said to prefer a permanent sale, Atleti are only in a position to negotiate a loan arrangement and are likely to need to move players on.
Los Rojiblancos are at the limit of their capped wage at €293m per annum whilst the futures of forwards Nikola Kalinic and Gelson Martins – who is negotiating with Monaco – are said to be vulnerable.
Morata played for Atleti during his youth career and while Sevilla and Barcelona have both been linked to his signature this month, a move back to the Spanish capital now appears the most likely outcome.