The arrival of Siquiera at the Calderon, pending a medical, opens the door to the likely departure of Atletico left back Felipe Luis who has been strongly linked to a move to Chelsea.
"Siqueira will increase the competitiveness of the group," sports director Jose Luis Perez Caminero told the Atletico website on Friday.
"He is a player that is very strong at set-plays, taking penalties, he has a lot of attacking qualities as well as great defensive ability."
(Editing by Martyn Herman)
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