Official: Diego Costa terminates contract with Atletico Madrid
The striker has been granted permission to find a new club in January
Atletico Madrid have confirmed that they have rescinded Diego Costa's contract and will allow the striker to leave the club for free.
Reports suggest the recision prohibits the Spain international from signing for certain clubs, such as Atletico's rivals in La Liga and the Champions League.
Costa has fallen out of favour this season following the signing of Luis Suarez from Barcelona in the summer on a free transfer.
Atletico confirmed Costa had been cut free in a statement on Tuesday.
They said: "Atlético de Madrid and Diego Costa have reached an agreement for the termination of the striker's contract, which was to end on June 30, 2021. The striker asked to leave the club for personal reasons a few days ago and on Tuesday signed the termination of his contract.
"Since he arrived at our club in 2006 at age just 17, the forward played 215 official matches in two stages, scoring 83 goals and providing 36 assists. During his time at Atlético de Madrid, he won one LaLiga title (2013-14), one Copa del Rey (2013), one Europa League (2018) and two UEFA Super Cups (2010 and 2018).
"The club thanks Diego Costa for his dedication during these years and wishes him well in the next stage of his professional career."
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