The agent of Porto striker Jackson Martinez says a move to Atletico Madrid is now likely.
Atletico have agreed to meet Martinez's buyout clause this week.
Luiz Henrique Pompeo revealed: "It was finalized today. We want to thank Milan for their interest right up the end, we feel very honoured by it, but you can't be in two places at once.
"It's a very big club, which has done important things in the league and in Europe. Jackson is going there to also achieve great things and to bring the best out of himself to become even better. That's his dream and he's very excited. He's really happy."