Atletico Madrid have signed Spanish midfielder Alex Baena from Villarreal, the LaLiga club said on Wednesday, with the 23-year-old signing a five-year contract in a deal reportedly worth 50 million euros ($58.

MADRID — Atletico Madrid continued boosting its squad by signing midfielder Álex Baena from Villarreal on Wednesday. The transfer was announced a day after Atletico said it signed 22-year-old Italian left back Matteo Ruggeri from Atalanta. Both have signed five-year contracts. Financial details were not immediately disclosed.

Atlético Madrid and Villarreal are putting the final touches on a deal that would finally see Aston Villa target Álex Baena move to Atleti in a deal totaling €50 million ($58.5m), sources have told ESPN.