Villa has joined Atletico for a fee in the region of five million euros, although Barcelona retain 50% rights to his next transfer.
He will replace Radamel Falcao at the Vincente Calderon, and his move will be a blow to Tottenham, who were keen on the player.
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Summer 2016 is set to be a very exciting time for football fans, as this is when the long awaited Euro 2016 tournament kicks off.
Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.