Ibanez makes Madrid move

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Atletico Madrid have agreed on a deal to sign defender Pablo Ibanez from Albacete.

The Spain Under-21 star will sign a four-year deal at Vicente Calderon, after Atletico beat off competition from Internazionale and Deportivo La Coruna for his signature.

The 22-year-old is a highly-regarded centre half and Atletico have done well to lure him to the club.

A fee of around ‚é¼3.6 million has been agreed, but this sum may be lowered if Atletico agree to include players as part of the deal.

Albacete will look at a number of Atletico's squad before deciding who they would like to include in the part-exchange deal.

Ibanez is expected to complete a medical in Madrid on Friday before being officially unveiled as an Atletico player.