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Chelsea signs Joao Felix from Atletico Madrid as Gallagher moves opposite way

Chelsea have completed the signing of Joao Felix from Atletico Madrid in a deal worth £46.3m, while Conor Gallagher has moved in the opposite direction for £36m.

The Blues have paid a £42m fixed fee for Felix, plus £4.3m in add-ons, while the Portugal international has signed a seven-year contract at Stamford Bridge.

The 24-year-old returns to Chelsea on a permanent deal having spent six months on loan during the second half of the 2022/23 season, scoring four goals in 16 Premier League appearances.

Felix spent last season on loan at Barcelona where he scored 10 goals in 44 appearances.

Felix said: “I’m really happy to be back at Chelsea and I can’t wait to get started. I can see some familiar faces from the last time I was here, which is always nice.

“I loved my time here before and I told my friends and family that I’d love to return to the Premier League one day. To do that with Chelsea is a great feeling and I’m back.

The ex-Benfica player becomes Chelsea’s 10th summer signing following the arrivals of Tosin Adarabioyo, Omari Kellyman, Marc Guiu, Kiernan Dewsbury-Hall, Renato Veiga, Caleb Wiley, Aaron Anselmino, Filip Jorgensen and Pedro Neto.

Felix’s arrival also takes Chelsea’s spending to £202.6m making them the Premier League’s top spenders this summer.

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