Atletico Madrid have strengthened their attack with the signing of Luis Suarez from Barcelona.
The Catalan club confirmed on Wednesday that the Uruguay striker will leave for the Spanish capital and will hold a farewell press conference on Thursday.
Suarez, 33, joins Atletico on a free transfer, although Barca could make up to €6 million on the move based on a number of performance-related variables.
The deal is expected to be for two years, with Atletico stating the deal is subject to a medical examination.
Atletico coach Diego Simeone was the driving force behind the move for Suarez, which fell into place once Alvaro Morata joined Juventus on loan on Tuesday.
The Rojiblancos, like Barca, are in a period of financial uncertainty due to the coronavirus pandemic and needed to make room on their wage bill before signing new players.
The move draws parallels with David Villa’s switch from Barca to Atletico in 2013. With Villa up front, Simeone’s side won the La Liga title and reached the Champions League final, knocking Barca out along the way.
Suarez, who recently became the third-highest scorer in Barca’s history with 198 goals, was told he was surplus to requirements by new coach Ronald Koeman last month.
That prompted the player’s legal team to begin talks with the Catalan club over the early termination of his contract, which had one year left to run.
An agreement was eventually brokered on Monday which would see Suarez give up a percentage of what he was owed in exchange for being allowed to leave for free.
However, when it emerged he planned to join Atletico, Barca, who didn’t want to strengthen a direct rival for free, backtracked on the original agreement.
Sources told ESPN that Suarez was furious at the club’s U-turn, but a meeting between Barca president Josep Maria Bartomeu and the player’s lawyers on Tuesday helped get things back on track.
Suarez had previously rejected the chance to join Inter Miami, who offered him the chance to become the highest-ever paid player in Major League Soccer with a deal worth around €8m annually.