Atletico Madrid are closing on Bayern Munich striker Mario Mandzukic.
Bayern sporting director Matthias Sammer revealed during a press conference held on Wednesday that a deal had been reached between the two clubs and the player, with an official announcement believed to be imminent.
"There is a verbal agreement between Bayern, Atletico Madrid and Mario Mandzukic," said Sammer.
"We wish to thank Mario for his performances at Bayern and wish him all the best in the future."
Reports emerged in the German press on Wednesday that the Bundesliga and Primera Division champions had reached a deal for the 28-year-old which is believed to be worth 22 million euros (£18.5m).
