The Belgian youngster is on his way to Portugal not Spain, according to reports.
The former PSV wonderkid, once dubbed the 'next Eden Hazard' is out of contract and has been wanted by Celtic and Stoke for some time.
However, Estadio Deportivo reported yesterday that Bakkali had agreed to join the Europa League champions and it seemed official confirmation was all that was left.
Now, that has changed, according to reports in Portugal.
A Bola claims that Bakkali has performed a massive U-turn and has decided to head to Benfica instead, joining up with former QPR star Adel Taarabt in Lisbon.
The news is still yet to be confirmed but the press in Portugal are adamant that Bakkali has agreed a deal. Belgian source DH Net also confirmed talks between the two clubs, but stopped short of saying a deal was done.
The former Celtic target was once considered one of Europe's hottest talents but his recent issues off the pitch has seen his stock plummet at PSV, who will be pleased to be shot of him.
Wherever he ends up, Benfica or Sevilla, they will have a character to tame in order to get the best from his talents.
Celtic and Stoke might be better off without him.