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Transfer: Atletico Madrid stunningly cut Joao Felix price from £108m to £8m

Atletico Madrid have slashed the asking price of Arsenal and Manchester United target Joao Felix.

But a condition of the deal is that the buying club cover his wages in full until the end of the season.

The two Premier League teams now have better chances of striking a stunning signing for Felix.

It is certain that the Portuguese striker will leave the Spanish team in January because the player’s relationship with coach Diego Simeone is on the verge of collapse.

The La Liga team also needs to get the World Cup star off their payroll to stay within FFP regulations.

Arsenal and Manchester United are particularly interested in the striker, while Chelsea are also said to be monitoring the situation.

Arsenal are looking for a striker after long-term injury to Gabriel Jesus, while Manchester United need to replace Cristiano Ronaldo.

Atletico were asking for a huge sum like the €126m (£108m) they paid Benfica for him in 2019.

And since neither team is likely to spend that much money on a single player, the La Liga outfit seems to have realized it had to lower its expectations.

The Daily Record reported that Atlético would allow Félix to leave on loan for a fee of just £8 million as long as the buying club covered his full wages until the end of the season.

The 23-year-old is said to earn just under £250,000 a week.

Transfer: Atletico Madrid stunningly cut Joao Felix price from £108m to £8m

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