The Portuguese midfielder has been on loan at the Calderon for the past 18 months, impressing in that time, and has been the figure of numerous transfer rumours between Atletico and Juventus amid their reported negotiations in recent months over Diego Forlan and then Sergio Kun Aguero.
The clubs are now negotiating a separate deal for the former Chelsea and Lyon player, with new Coach Gregorio Manzano happy to welcome him into his plans. The potential for a deal was thought to have collapsed when an initial deadline of July 3 to conclude negotiations in time for Atleti’s pre-season passed without progress.
However, with all parties still eager for the move, Tiago returned to Madrid this week to finalise matters. Details of the deal between the clubs remains unclear, but any fee will take into consideration Juventus’ eagerness to offload the 30-year-old, particularly in light of him having a year remaining on his Turin contract. There still remains the possibility of the player’s agent Jorge Mendes negotiating a release from his €2.5m deal, one that the Madrid team are unlikely to meet.
Tiago’s arrival could open the doors for further transfer activity at Atleti, with the club already listing a high number of midfielders on their books.