Atletico Madrid are on the brink of signing River Plate midfielder Matias Kranevitter.

AS says Atletico have reached an agreement with River Plate for the 22-year-old and will acquire 70% of the players economic rights for €8 million.

A buy-out clause of close to €40 million has been included as part of the four-year deal.

Andrea Berta and Enzo Francescoli are currently in meeting to finalize the final details of the contract.