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Chelsea sign forward Joao Felix on loan

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Chelsea has signed Atletico Madrid striker Joao Felix on loan for the remainder of the season.

Arsenal and Manchester United were both interested in signing the 23-year-old, but he preferred a move to Chelsea.

Felix has also agreed to a one-year contract extension with Atletico until the summer of 2027.

“Chelsea is one of the great teams in the world and I hope to help the team reach their objectives,” said Felix.

“I am very, very happy to be here and very excited to play at Stamford Bridge.”

Atletico made Felix the fifth most expensive player in history when they paid Benfica £113m for the then 19-year-old in 2019.

He has gone on to score 34 goals in 131 appearances in all competitions, with 18 assists.

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