Manchester United and Chelsea target Edinson Cavani agrees to join Atletico Madrid

Manchester United and Chelsea have been dealt a blow in the transfer market following the news that Edinson Cavani has agreed to join Atletico Madrid, according to reports.

The 32-year-old’s contract at Paris Saint-Germain was set to expire in the summer but the forward handed in a transfer request at the French club.

And after having a £8.44million rejected by the Ligue 1 champions, Nicolo Schira has reported that an agreement has been reached between the two sides.

Atletico Madrid boss Diego Simeone looks set to be getting a new striker.

He claims that the La Liga outfit have now offered £12.66million plus £2.5million in bonuses in order to strike a deal.

Chelsea and United, who are both looking to bolster their squad, had both been linked with the South American but they will now have to explore other options.

Frank Lampard’s side sit fourth in the table but have lost eight of their 24 Premier League matches, while Ole Gunnar Solskjaer’s Red Devils are one place and six points behind having played a game less.