Arsenal are 'confident' they will land Partey but they 'are facing huge losses' and will have to sell.
The report adds that Arsenal are also tracking three more La Liga midfielders as they look to do business.
Diego Costa scored for Atletico; Sergio Ramos and Toni Kroos for Real.
Atletico knocked holders Liverpool out before the coronavirus outbreak halted the Champions League.
Arsenal could be about to lose their two best strikers, while Bayern are pulling out all the stops for Leroy Sane...
Premier League side Arsenal are close to signing an Atletico Madrid midfielder, according to the player's father.
Man Utd were apparently hoping to appoint their first-ever sporting director before the end of last season.
"Perhaps the seriousness of the situation wasn't being understood across government at that time."
Simeone has done it against 'opponents with better players'.
Johnny Nic touts his Hero of the Week, Diego Simeone, as the next manager of Dirty Leeds...
Liverpool apparently had a deal lined up to sign Arsenal's latest target before Karius imploded...
All the reaction to a Simeone masterclass and Liverpool being as successful as Blackburn and Leicester...
Simeone and Adrian ruined Liverpool's party...
Klopp is delighted to have Jordan Henderson back to rely on.
Morata added to Llorente's extra time double to stun Anfield and dump Liverpool out.
Diego Simeone admits he is aware of the problems teams can face when playing at Anfield, but Atletico have a firm plan.
Liverpool got back to winning ways - but Diego Simeone will be rubbing his hands in anticipation of Wednesday night...
The 26-year-old has contributed three goals and an assist from central midfield this season.
Atletico Madrid players are reportedly fuming over accusations of play-acting during their win over Liverpool.
"If there's one team where you have to be at your absolute best, it's Atletico. They give you absolutely no presents."
"It’s not luck. It’s work, sacrifice, not giving up a single ball for lost."
Klopp insists Liverpool are not on a "pilgrimage" to the Wanda Metropolitano.
Felix claims Liverpool are "as tough as it gets".
What do Barcelona, Real Madrid and Atletico need? And what will they get?
Cavani can leave PSG for free at the end of the season.
Arsenal were said to be keen on the winger when he was at Monaco and came close to landing the player.
Seventh and in Champions League trouble? Is Diego Simeone finally under pressure?
Morata’s first-team chances at Stamford Bridge became increasingly limited under Maurizio Sarri.
Follow all the action from Tuesday's Champions League ties via the F365 score centre.
"Michael Ricketts was a world-beater for one season," one source told The Athletic.
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