English champion, Chelsea and Spanish giant, Atletico Madrid on Thursday announced an agreement that would see the Blues want-away striker, Diego Costa return to the La Liga club.
“Atletico de Madrid and Chelsea have reached an initial agreement for the transfer of Diego Costa,” the Spanish side said in a statement.
“The agreement is pending the formalisation of the contract between our club and the Spanish international forward.
“The English club has authorised Diego Costa to travel to Madrid in the coming days to undergo medical tests and settle his contract with our club.”
Chelsea said they had “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.”
The 28-year-old Spanish forward has been frozen out by Chelsea manager Antonio Conte and spent the transfer window angling for a return to former club Atletico that never materialised.
Both Marca and Mundo Deportivo newspapers said the two clubs had sealed a deal for the Brazil-born forward’s return to Spain until 2021.
The deal is worth 60 million euros ($71.3m); Atletico will pay 55m euros with a further 10m euros in add-ons.
However, Costa will not find himself straight back in action as Atletico have been officially banned from signing new players until January.