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Atletico Madrid agree deal to sign €35m Real Madrid midfielder Marcos Llorente

9:10 pm AEST 20/6/19
Marcos Llorente Real Madrid 2018-19
The 24-year-old will link up with Diego Simeone's side ahead of the 2019-20 campaign after finalising a move to the Wanda Metropolitano

Atletico Madrid are set to seal the signing of midfielder Marcos Llorente after announcing a deal with city rivals Real Madrid has been agreed.

Llorente will undergo a medical before signing a five-year contract at the Wanda Metropolitano in a move understood to be worth an initial €30 million (£26.7m/$33.9m), with the potential for a further €5m to be paid in add-ons.

The 24-year-old midfielder is primed to replace Spain international Rodri, who is said to be on the brink of a switch to Premier League champions Manchester City.

Atletico have already signed defender Felipe from Porto and are reportedly set to bring in Benfica's teenage sensation Joao Felix.

Further moves are set to follow with a number of high-profile players departing Atleti – including Diego Godin, Juanfran and Lucas Hernandez – and Antoine Griezmann expected to leave.

Rivals Madrid have also been active in the transfer market, bringing in Eden Hazard, Luka Jovic and Ferland Mendy in addition to previous deals for Eder Militao and Rodrygo Goes.

Madrid released a statement to confirm Llorente's imminent move on Thursday.

"The club wants to show its gratitude for all these years of dedication and professionalism and for [Llorente's] exemplary behaviour from when he arrived in 2008 to his trajectory with the first team," it read.

"Real Madrid wishes you good luck on your new stage."

Llorente made just seven La Liga appearances last season, although he was a top-flight regular for Deportivo Alaves in 2016-17.

He also made a handful of games in the Champions League, as Los Blancos failed to defend their title after winning three crowns on the bounce.

Signed to the Madrid youth system in 2008, he made his debut for the club in October 2015 as a substitute and scored his first goal last December against Al-Ain in the Club World Cup final, in which he was named man of the match.

His limited opportunities on the whole at Santiago Bernabeu has arguably cost him the chance of a senior call-up, with Llorente having played at under-19 and under-21 level for his country.

He leaves with two years remaining on his contract, having initially signed an extension in September 2017 that took him through until the end of the 2020-21 season.