The Spain forward spent the 2020/21 season with Juventus. He scored 20 goals as well as 11 assists in the campaign for the Old Ladies.
Morata who previously played for Juventus in 2015 season under Massimiliano Allegri who has return as coach for the second time has seen him extend another year-long loan deal until 2022.
According to reports gathered, Atletico will receive a further 10 million euros.
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