Spanish international Alvaro Morata will stay at Atletico after his loan spell ends in 2020, for a deal worth £58 million.
Chelsea and Atletico Madrid have agreed to make Alvaro Morata’s loan deal a permanent one for a £58 million fee. Morata had joined Atletico Mardid from Chelsea on a loan in January 2018, keeping him at Wanda Metropolitana until 2020. The new terms would make his permanent spell start from the 20/21 season.
Atletico said in a statement released on the club’s official website “Atletico Madrid and Chelsea have reached an agreement over the transfer of Alvaro Morata from July 1, 2020.
“The Spanish striker will play at our club on loan this season, as was agreed when he joined Atletico Madrid in the January transfer window, and the move will become permanent at the beginning of the 2020-21 season.
“Morata made his debut at our club on February 3 against Betis. Since then, the Spaniard has played 17 games and scored six goals.”
The 26 year old striker had made his desire to stay at Atletico clear, and the club also wanted the same, hence pushed for a permanent move for him, even though his loan deal kept him at the club until 2020.
After the transfer was made official, he posted on social media; “Happy. It’s official. Now I will have time to return with work and goals all the effort of the club and the affection of the fans. Thank you!!!”
Alvaro Morata had joined Chelsea in the summer of 2017 in a deal worth £58 million from Real Madrid C.F. Morata struggled for his form at the Stamford Bridge and in 74 appearances for the club, scored 24 goals.
Morata has scored six goals in his 15 La Liga appearances since signing on loan in January. The Spaniard would lead Atletico’s forward line next season with his ex- Chelsea teammate Diego Costa and Atletico’s club record signing Joao Felix.