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8 July 2026

Atletico Madrid Close to Agreement for Kang-in Lee with PSG

Atletico Madrid are very close to completing the purchase of Kang-in Lee from PSG, with personal terms already finalised. The structure of the commission between the clubs remains to be finalised.

Atletico Madrid Close to Agreement for Kang-in Lee with PSG
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<h1>Atletico Madrid Close to Agreement for Kang-in Lee with PSG</h1> Atletico Madrid are in the home stretch for the transfer of Kang-in Lee from Paris Saint-Germain. According to what Fabrizio Romano reported, the transfer is now at an advanced stage. Personal terms between the South Korean striker and the Colchoneros have reportedly already been agreed, while the clubs are working to define the commission structure. This is not something new that emerged overnight; Atletico's interest in Lee as their main midfield target dates back to an approach made in the winter, when the Madrid club contacted PSG, but the Parisian team stopped any possibility of a sale before the summer window.

After an initial unsuccessful attempt, negotiations resumed in June and gained considerable traction this time. Lee, born in 1999, spent the formative years of his career in Spain, first with Valencia and then with Real Mallorca, before moving to PSG in 2023. His desire to return to La Liga has been widely reported in the Spanish media, and according to reports in recent weeks, he has already reached a personal agreement on a contract valid until June 2031.

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ESPN reported that PSG and Atletico have started formal negotiations between the clubs, with the French champions valuing Lee at around €35 million. Previous Spanish reports had indicated a lower price range, between 25 and 30 million euros, and the discrepancy likely reflects the difference between a guaranteed base commission and the bonus or add-on structure needed to fill that gap. Atletico's ability to proceed with this deal is part of a larger summer recruitment plan. The sales planned in this window are intended to free up the budget to fund arrivals of this kind, and the club is already active in the transfer market – Romano confirmed a separate deal earlier this week, underlining that Diego Simeone's side are moving with determination and not simply navigating the transfer market.

PSG's initial reluctance to sell in January has given way to a more pragmatic attitude this summer. Lee enters the final two years of his current contract at the Parc des Princes, and with the player's preference clearly tipped towards Spain, the French club have little leverage to persist in a prolonged stalemate. The valuation of 35 million euros, if fully satisfied between basic commission and variables, represents a viable solution for all parties involved. The structure of the commission between the clubs remains to be finalised. Once the paperwork is complete, numerous reports in both the Spanish and Korean press have suggested that medical examinations and an official announcement could quickly follow. Marca and other Spanish media have framed the deal as increasingly inevitable, given the alignment between Lee's preferences and Atletico's stated recruitment targets, and with Romano now reporting it as close, this saga is expected to come to a conclusion in the short term.

<p>Read more on our latest coverage and stay tuned for updates on what happens next.</p>
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