Reyes coughs up penalty fee to Atletico Madrid

Atletico Madrid have agreed terms over a penalty clause with Jose Reyes after snubbed them for Real Madrid last week.
 
Marca says the agreement was struck after intense negotiations between Reyes' advisors and Atletico chief Miguel Angel Gil Marin.

It's understood the penalty Reyes coughs up will be a lot less than the original £1.4 million written into their contract.