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Transfer: Chelsea have reached an agreement to sign Joao Felix from Atlético Madrid

Chelsea have reached an agreement to sign Joao Felix from Atlético Madrid.

The Portuguese forward is expected to sign a loan deal that will keep him at Chelsea until the end of the season.

Chelsea agreed to pay Atletico Madrid around £10m for the deal.

The Portuguese World Cup star wants to leave Spanish giants Felix after losing out under Diego Simeone.

Arsenal and Manchester United were both interested in bringing the Portuguese to the Premier League but were held back by Atletico Madrid’s £18m initial asking price.

However, the Spanish giants lowered their asking price in order to get Felix off the books and The Athletic reported that they had reached a verbal agreement with the Blues.

Felix is ​​said to have been “attracted by the project” at Stamford Bridge and the prospect of working under Graham Potter.

Transfer: Chelsea have reached an agreement to sign Joao Felix from Atlético Madrid

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