Before the semi final draw, Cerezo revealed that their loan agreement with Chelsea included a clause that would force the Spanish club to pay in the region of £4million per game Courtois played.
He stated Atletico could not afford such a deal, meaning Courtois was set miss out on the Champions League semi final against his parent club.
UEFA have since reacted by saying any such clause was not enforceable, so the Belgian could play with no cost.
Atletico are looking to extend Courtois’ loan spell at the Vicente Calderon, so will only play the keeper with Chelsea’s blessing.
However Blues chief executive Ron Gourlay has revealed the club are happy to let him feature.
“I do not know how many times I have to repeat this, Courtois is a Chelsea player loaned to Atletico Madrid this season and we’re trying to get them to give him to us for another season,” Cerezo told reporters before Sunday’s game with Getafe.
“If we reach agreement with Chelsea he will play, because he is a Chelsea player and we are gentlemen and we deliver on what we sign.
“I am convinced that he will play because there will be an agreement between Atletico Madrid, Chelsea and the goalkeeper.
“And if in the end he does not play, then Aranzubia [number two goalkeeper] will do it. ”
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