Chelsea striker Alvaro Morata has reached an agreement to join Atletico Madrid on loan for the rest of the season, but the Spanish giants now must raise funds before completing the deal.
Goal understands Atletico have reached an agreement that would see them pay €3 million (£2.6m/$3.4m) to bring in Morata for the remainder of the campaign, with the option to pay a further €40m (£35.2m/$45.6m) to buy the Spain international at the end of the season.
Atletico are still in negotiations with Chelsea regarding the percentage of Morata's wages they will pay, with the Liga outfit hopeful of only forking out for 50% of his £120,000 per week salary before entering talks regarding a reduced contract with the player should he make the move permanent.