Alderweireld had attracted interest from a number of English clubs throughout the summer with Tottenham, Everton and Norwich as well as the Reds monitoring his situation at Ajax.
The Dutch club accepted a bid in the region of £5million from Spartak Moscow earlier this month but the Belgian international, 24, turned down the move to Russia.

Case for the defence: Alderweireld has attracted the interest of several Premier League clubs
Case for the defence: Alderweireld has attracted the interest of several Premier League clubs
Atletico are able to offer Alderweireld Champions League football and his signing will fill the void left by Martin Demichelis who was reunited with Manuel Pellegrini at Manchester City.
Demichelis, 32, will be a welcome addition to a City squad that has been ravaged by defensive injuries in the early weeks of the season
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