Reinildo will come off contract at the end of June and is expected to leave Atletico.
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The Guardian says Sunderland are interested in signing the 31 year-old. Negotiations between the parties are ongoing, and the Black Cats have offered a two-year contract.
Sunderland are back in the Premier League next season for the first time since 2016/2017. This was achieved after winning the playoff final against Sheffield United.
Reinildo has also been linked with Nottingham Forest and Crystal Palace since the end of last season.