Bayern Munich have agreed a deal with Atletico Madrid in the region of £18.5m for Croatia striker Mandzukic, according to the German club
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Seven players from champions Atletico were included in La Liga's official team of the season.
Atletico Madrid's bid to be crowned Primera Division champions for the first time since 1996 suffered a major blow as they were beaten 2-0 at mid-table Levante, a result that gives fresh hope to title rivals Barcelona and Real Madrid.