Mandzukic poised for Atletico Madrid move

Bayern Munich's Croatian international striker Mario Mandzukic is poised to join Atletico Madrid, the Bundesliga champions' sporting director Matthias Sammer announced on Wednesday.

"There is a verbal agreement between Atletico Madrid and Bayern Munich, as well as between Atletico and Mario Mandzukic," Sammer told a press conference.

"Nothing is signed but I think we can rely on the verbal agreement and soon announce a conclusion," he added.

Mandzukic is expected to sign a contract with the Champions League finalists until 2019, which German media have estimated is worth 22 million euros ($30 million).

The 28-year-old's current deal with Bayern runs until 2016.