Official: Chelsea Completes Signing of Joao Felix from Atletico Madrid

In a significant move, Chelsea has finalized the acquisition of Joao Felix from Atletico Madrid in a deal totaling £46.3m. This transfer marks the Portugal forward’s transition to Stamford Bridge on a seven-year contract, solidifying his commitment to the club. Furthermore, this transaction propels Chelsea’s summer spending beyond the £200m mark.

The payment structure for Felix’s transfer entails a £42m fixed fee, supplemented by £4.3m in add-ons. His return to Chelsea signals the club’s proactive approach to bolstering their squad for the upcoming season. Additionally, Conor Gallagher has departed Chelsea to join Atletico Madrid for a fee of £36m, underscoring the reciprocal nature of these transfers.

Prior to his return to Chelsea, the 24-year-old forward had a successful six-month loan spell at the club during the latter half of the 2022/23 season. This stint saw Felix make a notable impact, registering four goals across 16 appearances in the Premier League. Subsequently, he spent the following season on loan at Barcelona, where he showcased his capabilities by netting 10 goals in 44 appearances.

Felix’s arrival marks a significant milestone for Chelsea, as he becomes the 10th player to join the club during the current summer transfer window. His signing adds to the momentum built by the acquisitions of other talented individuals such as Tosin Adarabioyo, Omari Kellyman, Marc Guiu, Kiernan Dewsbury-Hall, Renato Veiga, Caleb Wiley, Aaron Anselmino, Filip Jorgensen, and Pedro Neto. Furthermore, this transfer elevates Chelsea to the position of the Premier League’s leading spenders this summer, with their total expenditure reaching £202.6m.

While Chelsea’s formidable recruitment drive has been notable, indications suggest that they remain active in the transfer market. It is understood that the club is keen on securing the services of a new striker. Notably, Napoli’s Victor Osimhen has been a persistent target throughout the summer, with ongoing efforts to secure his acquisition. Despite this interest, any potential deal involving Osimhen would not necessarily materialize as a permanent transfer at this stage.

Chelsea’s proactive approach to bolstering their squad and their continued pursuit of additional talent signal their commitment to further strengthening their position within the competitive landscape of football.