Atletico Madrid want to keep Chelsea striker Diego Costa in Europe.
Costa, despite his success this season, is expected to leave Chelsea and England at the end of the campaign.
A move to China has been mooted, with Spanish sources claiming a deal worth €30 million-a-year has already been settled with an unnamed club.
However, Don Balon says Atletico want to re-sign Costa as a replacement for Manchester United target Antoine Griezmann.
They plan to use the cash raised from Griezmann's sale to fund their bid.
Costa has admitted he was ready to return to Atleti last summer only for Chelsea to block the deal.