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Local media reported that Almada will sign a contract until 2030 after Atleti paid around €21 million ($37 million) for the 24-year-old, who can also play as a winger.

A FIFA World Cup winner with Argentina, Almada made his senior debut with Velez Sarsfield in 2018 before joining Major League Soccer's Atlanta United.

With Botafogo he won both the Brazilian Serie A title and the Copa Libertadores in 2024, before joining Ligue 1's Lyon on loan in January this year.

"Our club and the Brazilian club have reached an agreement pending confirmation once the player passes the relevant medical examination and initials the contract," a statement from Atletico read.