Portuguese forward Joao Felix has joined Chelsea on loan from Atletico Madrid until the end of the season, the Premier League club announced on Wednesday.
Chelsea have reportedly paid Atletico an €11m ($11.8m) loan fee and will cover the 23-year-old's wages for the duration of his spell at Stamford Bridge.
Felix becomes the fourth new arrival at Chelsea this month, following the permanent signings of France international defender Benoit Badiashile from Monaco, Brazilian teenager Andrey Santos from Vasco de Gama, and Ivorian striker David Datro Fofana.
The Portugal international will add to manager Graham Potter's attacking options and will aim to provide a boost to a struggling side which has scored just 20 goals in 17 Premier League games this season and languish 10th in the table.
It was reported that Arsenal and Manchester United were also both interested in a loan deal for Felix but were unwilling to pay the sort of loan free Atletico expected.
“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.
Felix was made the second-most expensive teenager in history, after Kylian Mbappe, when he joined Atletico as a 19-year-old from Benfica for €126m and has provided 34 goals and 18 assists in 131 appearances across all competitions, helping the club win La Liga in 2021.
However, Felix, who has four goals and three assists in 14 La Liga appearances this season, has not quite fulfilled Atletico's huge ambition for the Portuguese forward, whom the club viewed as the player to lead the team into a new era.
And Atletico CEO Miguel Angel Gil Marin admitted last month that Felix was looking to leave due to a strained relationship with manager Diego Simeone, although the club were keen to him to stay.
“He is the biggest transfer that the club has made. I think he can play at the highest level in the world, but for the reasons that are not worth saying now, the relationship between the coach and him is not good,” Marin said. “Neither is his motivation. The reasonable thing is to think that he will leave. Although I would love him to stay here, he doesn’t want to remain at the club.”
Felix was part of the Portugal squad which reached the World Cup quarter-finals in Qatar, starting all but one game and scoring once and providing two assists.
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COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Ruwais timeline
1971 Abu Dhabi National Oil Company established
1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants
1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed
1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.
1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex
2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea
2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd
2014 Ruwais 261-outlet shopping mall opens
2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies
2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export
2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.
2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery
2018 NMC Healthcare selected to manage operations of Ruwais Hospital
2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13
Source: The National