Former Premier League champions Manchester United have suffered a big transfer blow in their quest to sign highly rated Benfica attacker Joao Felix following the latest reports coming out of the Spanish media.
Joao Felix is one of the most exciting young prospects on the European football scene.
The Portuguese teenager has been linked with virtually all the major clubs in Europe, but it seems the player will be heading to Spanish La Liga club Atletico Madrid.
According to the specific publication from trusted Spanish media outlet Marca, former Champions League finalists, Atletico Madrid have won the race to sign the 19-year-old attacker.
It was revealed that Atletico Madrid will pay the £105m (€120m) release clause in his Benfica contract in full and that an official announcement is expected in the coming days.
Joao Felix burst onto the scene during the just concluded season as he helped Benfica reclaim the Portuguese Super League crown from FC Porto on the final day of the campaign.
He signed a new Benfica contract towards the end of last year to take his release clause to £105m.
Joao Felix was recently a part of the Portugal squad that emerged victorious at the just concluded UEFA Nations League finals.