UPDATE: Wolfsburg have confirmed the one-year loan of Diego to Atlético on their official website.
Original report: On Tuesday afternoon, Atlético finally completed the signing of Wolfsburg playmaker Diego Ribas da Cunha, reports AS.
The Brazilian midfielder will join on a one-year loan deal.
The Volkswagen club no longer counted on Diego and agreed to a deal after capturing Aliaksandr Hleb from Barcelona.
In Germany, the former Santos-midfielder had a conflict with coach Felix Magath, who insisted the Brazilian be shown the door.
In Madrid, Diego will hope to recover the form he displayed during his three seasons with Werder Bremen, when he scored 38 goals and earned a move worth €25 million to Juventus.
In Italy, he wasn’t able to settle and Diego returned to the Bundesliga one year later, but with little success.
Atleti fans will be wary of Diego’s form and disciplinary issues in recent years, but the prospect of having one of Brazil’s most creative and talented playmakers on our hands is very exciting.