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MADRID (Reuters) – Spanish team Celta Vigo are close to completing the signing of experienced Chile midfielder Marcelo Diaz from Bundesliga side Hamburg SV, the La Liga club said.

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Diaz, 29, who had a stint at Swiss side FC Basel before joining Hamburg in February last year, arrived in Vigo on Thursday for a medical and to work out the final details of the deal, Celta said on their website (www.celtavigo.net).

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Diaz, who was sidelined by injury last month, has a market value of 2.5 million euros ($2.7 million), according to website Transfermarkt.com.

Celta said he would be back in action within three weeks at the most.

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The Galician club were in the market for a central midfielder after they sold Argentina international Augusto Fernandez to Atletico Madrid this month.

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Celta are fifth in La Liga at the halfway point of the campaign, with 31 points from 19 matches, and host bottom side Levante on Saturday.

($1 = 0.9169 euros)

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(Reporting by Iain Rogers, editing by Katharine Houreld)

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