The 25-year-old Corinthians player is due to arrive in the Spanish capital on Monday morning before undergoing a medical with the Rojiblancos.

If all goes well, Elias will pen a four-and-a-half-year contract with Atletico, the Primera Division club announced on their website.

Atletico, who saw the defence of their Europa League title come to an end last night, are sixth in the Primera Division standings, five points off the Champions League spots.