Atletico Madrid have reached an agreement with Luis Suarez as they look set to sign him from Barcelona.

According to Mundo Deportivo, the Uruguayan has been offered a two-year deal at Atleti but the Diego Simeone side must also have to offload Diego Costa.

Currently receiving €8m per year, outfits such as Fenerbache are rumored to be interested in Costa, but have not been forthcoming with a concrete offers.

Last appearing for the Blaugrana in the 8-2 destruction at the hands of Bayern Munich in the Champions League quarterfinals last month, Suarez was told upon the appointment of new coach Ronald Koeman that he does not feature in the Dutchman’s plans for the upcoming 2020/2021 season.

Barcelona’s Uruguayan forward Luis Suarez reacts during the Spanish Super Cup semi final between Barcelona and Atletico Madrid on January 9, 2020, at the King Abdullah Sport City in the Saudi Arabian port city of Jeddah. – The winner will face Real Madrid in the final on January 12. (Photo by Giuseppe CACACE / AFP)

Omitted from matchday squads for three recent preseason friendlies against Gimnastic, Girona and Elche in the Joan Gamper trophy on Saturday, Suarez has flirted with a move to Juventus and even went to the lengths of taking an Italian language test to gain citizenship.

With the Old Lady on the verge of signing Edin Dzeko from Roma instead, however, there is every risk that Suarez, their third all-time top scorer, will still be on the Catalans’ books if a suitor is not found to beat the October 5 transfer deadline.

Believed to earn north of €20mn per season, Suarez being moved on would also be a lot healthier for Barça’s accounting given that they have lost €300mn during the coronavirus pandemic and the three-month pause it imposed on European top flight soccer.

As a means of seeing Suarez out of the Camp Nou, it has been reported that FCB will offer part of the earnings he would receive this season, while mindful that if he plays 60% of the total fixtures scheduled for the upcoming campaign an automatic one-year extension to his contract is guaranteed.