Atletico Madrid have reached an agreement with Barcelona to sign David Villa for an estimated fee of £4.4m.
The Spain international was a target for Tottenham, but Goal.com have revealed that he will remain a Primera Liga player next season, with £2.6m being paid to the Catalan club should he remain at the Vicente Calderon until 2016.
The Spanish champions will also retain 50% of any future deal for the man they signed for €40m from Valencia in 2010.
Atletico have been in search of a replacement for Colombian forward Radamel Falcao, who was sold to Monaco in May.
Villa made just 17 starts in the Spanish league last season, but still managed to score a respectable 16 goals in 48 appearances.
He had been reduced to a squad player since suffering a broken leg at the Club World Cup in 2011, after scoring in his team’s victory in the Champions League final earlier that year.
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