Juve have reached an agreement with Atletico for a one-year loan deal which is set to cost €9 million and an option to buy for €45 million.
The striker previously spent two years in Italy with the Bianconeri – where he scored 15 goals in 63 games, helping them to two league titles and the 2015 Champions League final.
The 27-year old has struggled for consistency with Diego Simeone’s side since his return to the Spanish capital in 2018, however 12 league goals last season may have handed him a second chance in Simeone’s plans at the Wanda Metropolitano.
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