Atletico Madrid have come to an agreement to re-sign striker Diego Costa from Chelsea.
Costa has not featured for Chelsea since the FA Cup final in May, and opted to remain in Brazil this summer rather than return to Cobham amid a bitter public dispute with the Premier League champions surrounding his future.
Earlier this summer, Costa accused Chelsea of pricing him out of his desired move back to Atletico in an interview with ESPN Brasil, but the clubs have now agreed on a fee.
According to El Mundo, Costa will sign a contract through June 2021 and will be Atletico’s most expensive signing, with the Spanish publication saying Atletico will pay €55 million (£48.5m), plus €10m (£8.8m) in variables, surpassing the €40m they paid Porto for Radamel Falcao in the summer of 2011.
A statement on Chelsea’s official website read: “Chelsea Football Club has today agreed terms with Atletico Madrid for the transfer of Diego Costa.
“The transfer will be subject to the agreement of personal terms and a medical.”
Atletico added: “The English club has authorised Diego Costa to travel to Madrid in the coming days to undergo a medical and agree a contract with our club.”
Atletico can officially register Costa on Jan. 1, when the Spanish transfer window re-opens and their FIFA transfer ban ends, but agreeing a deal means the focus can now turn to getting the 28-year-old back into peak physical condition in time for the new year.