Atletico's offer is double what Real are prepared to pay for the attacker and the Gunners are expected to rubberstamp the move today. For his part, Reyes is happy about moving to the Vicente Calderon, particularly after Atletico's show of ambition with their £15 million capture of Simao from Benfica last week.
Atletico are now Spain's biggest spenders this summer ahead of Barcelona and Real.
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