The Portugal star appears to be closing in on a move to Atlético after Benfica confirmed they have received an offer worth €126million.
Benfica have confirmed Atlético Madrid have submitted an offer worth €126million for highly rated attacking midfielder Joao Félix.
The 19-year-old talent enjoyed a stunning breakout season in Portugal's Primeira Liga in 2018-19, scoring 15 goals and setting up another seven in 26 matches.
Félix's form for Benfica resulted in his first call-up to Portugal's senior side and he represented them as they clinched Nations League success earlier this month.
Atlético emerged as the favourites to sign him ahead of Manchester United and Manchester City after Antoine Griezmann announced his intention to leave the Wanda Metropolitano, paving the way for Félix to replace the Frenchman.
Although links between Griezmann and Barcelona have gone quiet, Atlético remain intent on signing Félix, as Benfica confirmed the Spanish club's offer on Wednesday.
Their bid is greater than the player's €120m release clause, but would be paid in instalments.
Benfica confirm Atlético bid
BREAKING: Benfica confirm they have received a €126M offer from Atletico Madrid for Joao Felix pic.twitter.com/2Xzy51EZCT— B/R Football (@brfootball) 26 June 2019
A Benfica statement released to the Portuguese Securities Market Commission read: "Benfica informs, under the terms and for the purpose of article 248-A of the Portuguese Securities Code, that Atlético Madrid submitted a proposal for the acquisition of the sports rights of the player Joao Félix for a total amount of €126m, which is being analysed.
"It is further informed that the proposed value above the termination clause contemplates the financial cost indexed to the payment of benefits provided for in this proposal.
"In case Benfica accepts the proposal presented, the net to receive from Atlético Madrid on the date of the transfer of the sports rights will amount to €120m."