
Atltico Madrid have completed the signing of Spanish midfielder lex Baena in a deal worth around around 50 million ($58m), United States international Johnny Cardoso is set to sign next, sources have told ESPN.
Baena, 23, has signed a five-year deal with Atltico until 2030 after passing his medical this morning.
Atltico had reached a financial agreement with Villarreal in the last few days for a fee of 50m which includes bonuses.
Baena joins Matteo Ruggeri from Atalanta in moving to Atltico, with their third signing of the summer window set to be Johnny Cardoso of Real Betis. ESPN previously reported that a deal had been agreed for the American midfielder.
After completing these three signings, Atltico will look to strengthen their defence, with Tottenham Hotspur's captain Cristian Romero their main target.
Atltico boss Diego Simeone is keen on Romero and is pushing for his move to Spain, but an agreement between the clubs is not close.