Abbiati has already passed a medical and is set to be unveiled at the Vicente Calderon on Wednesday.

The shot-stopper spent last season on loan at Torino, but said that he could not take a salary cut to remain there next season.

He had a year at Juventus prior to that when the Bianconeri won the Scuetto, later stripped as a result of the Calciopoli scandal.

Atletico will likely use Abbiati, who has featured for Italy, as cover for Argentina international Leo Franco.