Former Chelsea and Atletico Madrid striker Diego Costa is in signing talks with Rayo Vallecano.

Costa is currently a free agent after terminating his contract with Atletico Mineiro at the beginning of the year.

The club won a domestic double with Costa managing five goals in 19 appearances.

Mundo Deportivo says Rayo have offered the 33-year-old a contract.

Costa knows the club well, having spent some time on loan there back in 2012.

The former Spain international last played in Spain in 2020, in what was his second spell with Atletico Madrid.