Atletico Madrid president Enrique Cerezo has confirmed that the club are in talks with Chelsea left-back Filipe Luis regarding a possible return to Spain this summer.

The Brazilian left the Vicente Calderon to join Chelsea just last summer, but he struggled to hold down a place in Jose Mourinho's first team.

Luis is believed to be close to a £15.8m return to Atletico, and while Cerezo has confirmed that discussions have been held, he has stressed that a deal is yet to be struck.

"There are negotiations in place but I don't know how fruitful they will be," PA quotes Cerezo as saying. "Filipe Luis is a magnificent player.

"We would be delighted if he comes back and I think that in the end, we will find a solution. As always, the financial aspect takes precedence over the sentimental aspect but I believe a deal can be reached."

Luis started nine Premier League games for Chelsea in his debut season.