Chelsea striker Álvaro Morata closes in on Atlético Madrid loan

• La Liga club have £48.5m option on striker at end of the season
• Gonzalo Higuaín’s move to Chelsea nears completion

Álvaro Morata’s underwhelming 18-month stint with Chelsea appears to be drawing to a close with the Spain forward set to move to Atlético Madrid on an initial loan deal with an option to make the transfer permanent for £48.5m at the end of the season.

Morata was a club record signing when he joined from Real Madrid for a little under £60m in the summer of 2017 but, despite a bright start to his career at Stamford Bridge, form and confidence have drained significantly over the last year.

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