Brazilian player refuses to sign with Santos

Young Brazilian footballer Thiago Maia has refused to sign a new deal with Santos amid speculation linking him to Atletico Madrid.

The Brazil under-20 international has impressed as a regular starter for the eight-time Brazilian Serie A champions this year, reported Xinhua news agency.

According to the Uol news portal, the midfielder rejected a new contract offer worth $30,000 a month plus bonuses.

Maia's current deal with Santos expires in February, meaning he could be free to join the Spanish club next summer on a free transfer.

The 18-year-old's consistent form has earned him five caps for Brazil's under-20 team this year.