Atletico Madrid has reached an agreement with Espanyol over the transfer of Pablo Osvaldo as the Catalans have accepted a £14.9million (€17m) offer for the striker, Spanish newspaper Marca reports.
The 2010 Europa League winners have been in the market for a new attacker since the departure of Sergio Aguero to Manchester City earlier this summer and have reportedly been tracking the 25-year-old for a number of weeks.
The former Italy Under-21 international is also understood to have caught the attention of clubs such as Tottenham Hotspur and Roma with his superb performances in 2010-11, but he has apparently made the decision to stay in Spain rather than leave La Liga.
Atletico have yet to agree personal terms with Osvaldo, but the Vicente Calderon side don't envisage any problems in the negotiations with the player.
Neither of the two clubs has confirmed any agreement yet, but an official statement is expected to be released in the coming hours.
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