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Atletico Madrid TERMINATE Diego Costa's contract with former Chelsea bad-boy released as a free agent after he asked to be let go for 'personal reasons' - and with Arsenal showing interest in a move next month

Atletico Madrid have terminated Diego Costa's contract at the Spanish side, freeing him up as a free transfer for the January transfer window.

Arsenal are thought to among the clubs who will be keen to snap up the veteran striker when the window opens on Friday.

After falling down the pecking order under Diego Simeone, Costa is understood to have instructed Atletico to tear up his contract which had just six months to run.

More to follow...