Chelsea and Atletico Madrid have reached an agreement on the loan of Joao Felix.

Gabbie Odonkor
Gabbie Odonkor  - Chief Executive Officer 624 Views
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Chelsea have agreed in principle to sign Joao Felix on loan from Atletico Madrid, according to 90min.

Last month, 90min revealed that Chelsea, along with Arsenal and Manchester United, had discussed signing Felix, but Los Rojiblancos’ financial demands threatened to derail any deal.

However, sources have confirmed that Atletico Madrid have agreed to lower their demands in order to facilitate a deal with Chelsea, who are expected to pay around £10 million to loan Felix out for the rest of the season.

Chelsea has agreed to pay the player’s wages in full, and the agreement does not appear to include a buyout clause.

Both Arsenal and Manchester United were only interested in such a lucrative loan if it included the option to buy Felix permanently, but Atletico Madrid has stood firm and refused to commit to a concrete transfer.

Despite the loan agreement, Chelsea have not ruled out signing Felix permanently in the summer if he impresses at Stamford Bridge, with the Blues potentially looking to offload some of their fringe players to Atletico in a player-plus-cash deal.

Chelsea are looking to add to their attacking options after losing both Raheem Sterling and Christian Pulisic to injuries, while striker Pierre-Emerick Aubameyang has been dealing with a back problem, leaving Graham Potter with few options.

Armando Broja is already out for the rest of the season, so Chelsea may look to add to their squad before the summer. Young David Datro Fofana has joined from Molde, while Christopher Nkunku has joined from RB Leipzig on a season-long loan.

Felix has been on Chelsea’s radar since his breakthrough at Benfica and has been identified as a potential solution to their attacking crisis, with Atletico Madrid willing to part ways with the 23-year-old temporarily following a spat with Diego Simeone.

Felix has 34 goals and 18 assists in 131 appearances for Atletico Madrid since moving to Spain in a £113 million deal in 2019.

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By Gabbie Odonkor Chief Executive Officer
Gabriel Djabatey Odonkor , known professionally as Gabbie Odonkor, is a Ghanaian Sports blogger, freelance journalist, and reporter. He founded, a sports website and blog that primarily publishes news about sports.