Atletico Madrid acquires Diego from Wolfsburg

Atletico Madrid acquired Brazilian playmaker year loan from Wolfsburg before the end of the transfer window Wednesday.

Diego, 26, has a contract with Wolfsburg through the summer of 2014, but could make a permanent switch to Atletico at the end of the season for $10 million.

Wolfsburg just added Diego prior to last season for $21 million, but his value continues to plummet following a $35 million switch to Juventus two years ago when he left Werder Bremen.

Diego, who has also played for Santos and FC Porto, has made 33 appearances on the international level with Brazil since 2005.