According to the player's agent, Athletico Madrid have agreed a €35 million deal with Porto on Tuesday for the player.
"It was finalised today," Luiz Henrique Pompeo told AS. "We want to thank Milan for their interest right up the end, we feel very honoured by it, but you can't be in two places at once.
"Atleti are a very big club that has done important things in the league and in Europe. Jackson is going there to also achieve great things and to bring the best out of himself.
"That's his dream and he's very excited. He's really happy."
The deal is said to be four years and they are yet to agree on his weekly wages. Milan were seriously interested, but he has opted for Athletico instead and playing in the UCL most likely would have affected that decision.
The 28 years old striker who scored 21 league goals last season will hope to hit the ground running likes the likes of Aguero, Falcao and Costa
--> "It was finalised today," Luiz Henrique Pompeo told AS. "We want to thank Milan for their interest right up the end, we feel very honoured by it, but you can't be in two places at once.
"Atleti are a very big club that has done important things in the league and in Europe. Jackson is going there to also achieve great things and to bring the best out of himself.
"That's his dream and he's very excited. He's really happy."
The deal is said to be four years and they are yet to agree on his weekly wages. Milan were seriously interested, but he has opted for Athletico instead and playing in the UCL most likely would have affected that decision.
The 28 years old striker who scored 21 league goals last season will hope to hit the ground running likes the likes of Aguero, Falcao and Costa
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