Chelsea has completed the signing of Joao Felix on loan from Atletico Madrid, the club announced on Wednesday. The loan fee for the forward is approximately £11 million.
“Chelsea is one of the great teams in the world and I hope to help the team reach their objectives, so I am very, very happy to be here and very excited to play at Stamford Bridge,” Felix said in a statement to the club’s official website. While Felix was also offered to Arsenal and Manchester United, neither club was prepared to meet Atletico’s financial demands.
Since joining Atletico Madrid in 2019 for a club-record fee of €126 million, the 23-year-old has struggled to make an impact at the La Liga club and has thus been unable to secure a regular spot in the starting 1. Felix has scored 34 goals in 131 games for Atletico.
Felix will be hoping to leave his mark at Stamford Bridge, with the Blues desperate to improve their performances in front of goal. Currently, Chelsea has scored the fewest goals of the teams in the top half of the Premier League table.
