Atletico Madrid are reportedly closing in on a deal for Arsenal target Gelson Martins.

The winger had been under contract at Sporting, but terminated the agreement after the club’s fans attacked the players and coaching staff.

With several European giants vying for the 23-year-old’s signature, Arsenal had been facing competition from Liverpool and Atletico Madrid.

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According to Inside Futbol, the race for Martins is one Atletico are set to win.

With a fee agreed with Sporting, it will now be up to Atletico to meet Martins’ representatives and present an acceptable contract offer to the Portuguese international.

Interest from Lazio had also been rumoured, but it seems the speedy attacker is heading for the Spanish capital.

As part of the deal, Atletico are understood to be sending €15 million to Sporting, in addition to Andre Moreira and Luciano Vietto heading to Portugal on loan, with options to make the moves permanent.