Arsenal’s Lucas Torreira is closing on a move to the Spanish side, Atletico Madrid, on a season-long loan deal, according to The Athletic’s James McNicholas.

The Uruguayan looks set to join Diego Simeone’s team, who have the option to make the move permanent next summer.

Given Madrid’s financial commitments to the stadium debt, they didn’t have the financial power to make the move permanent this summer.

Arsenal desperately wanted cash for their midfielder, to strengthen other parts of the team, but eventually gave in due to the fact that the Uruguayan was desperate to leave the North-London side.

Lucas Torreira looks set to join Uruguay teammate, Luis Suarez, in Atletico Madrid. @atleticomadrid/Twitter

Having joined from the Italian club, Sampdoria, in summer 2018, it was widely thought that Arsenal had got their man, who would solve their central midfield problems.

He had a positive impact in the initial stage of his career at Arsenal but failed to live up to the expectations. Unai Emery’s preference of using him more as an “advanced midfielder” didn’t help.

Whereas, he has been on the periphery since Mikel Arteta was appointed as the Arsenal boss in December 2019.

The 24-year-old is believed to be grateful to Arsenal for granting his wish of leaving The Gunners.

Reports also suggest that this deal won’t have any direct impact on Arsenal’s long-standing interest on Atletico Madrid’s Thomas Partey.

Even though it looks certain that Partey will stay at the Spanish capital, Arsenal’s stance on Lyon’s Houssem Aouar looks to be headed in the right direction.

Arsenal, first, may need to trim down their bloated squad before the transfer window closes on the 5th of October. The likes of Sead Kolasinac, Sokratis and Matteo Guendouzi look the most likely to leave.