Atlético Madrid finalising three-way transfer for Toby Alderweireld
Atlético Madrid are hours away from finalising the transfer of Ajax defender, Toby Alderweireld, but the Belgian international will take a non-traditional route to the Spanish capital.
According to Spanish sports daily, AS, Manchester City will sign Alderweireld from Ajax and transfer the 24-year-old to Atlético Madrid, where Atlético would then hand over the services of Martin Demichelis to Manchester City.
Atlético are hoping to sign Alderweireld to a three or four year contract, but the issue in the negotiations are in regards to the ownership and what percentage Manchester City will retain as part of the transfer.
Atlético want to claim full ownership, despite Manchester City funding the operation because Los Colchoneros are unable to, while City wants to consider it more as a lease and retain the right to bring the defender back to the club should the need arise.
However, the loss of Demichelis will come as a blow to Atlético manager, Diego Simeone, who was counting on his fellow Argentine to increase competitiveness in the squad.
Demichelis will sign a two-year contract with City for essentially the last big payday of his career, while Atlético are hoping Alderweireld lives up to the hype and becomes a staple with Atlético for years to come.