The report claims that Atleti have made contact with the Green Crocodiles via his agent Ahmet Bulut.
Bulut also represents Atleti star Arda Turan and former Rojiblancos midfielder Emre Belözoğlu.
Atleti have been keeping tabs on the 20-year-old midfielder and are expected to have scouts attending the game against Fenerbahçe.
Bursaspor value the young Turkish international a €12 million and have rejected all previous offers for Tufan.
“Other big European teams have sent scouts to watch Ozan play…AC Milan, Juventus, Chelsea and both Manchester clubs, City and United,” Mehmet Tufan told Spanish newspaper AS.
Tufan has a total of three goals and eight assists in all appearances for Bursaspor this season.
The 20-year-old midfielder is expected to start against Turkish giants Fenerbahçe today at the Şükrü Saracoğlu stadium.