Atlético de Madrid agrees to €40 million deal for Morten Hjulmand

Atlético de Madrid has reached an agreement with Sporting Clube de Portugal for midfielder Morten Hjulmand. The €40 million transfer includes potential bonuses of €5 million based on appearances and UEFA Champions League progression. Hjulmand, who signed a five-year contract, arrived in Madrid for a medical on Thursday, ahead of Atlético's preseason training camp starting Monday. He is expected to enhance Atlético's midfield options, providing a potential successor to long-serving captain Koke.

• 2:37 PMYahoo Sports — Atlético positioned to complete €40 million Morten Hjulmand deal