Felix joined Atletico Madrid from Benfica in 2019 for a fee of around €127m.
The now 23-year-old has struggled to live up to that price-tag, though, scoring 34 and assisting 18 in 131 matches for Atletico so far.
Felix is now set to spend the remainder of 2022/23 on loan in west London for a fee reported to be in the region of €11m.
Chelsea confirmed the move via social media:
In a statement put out on their website, Chelsea added: “Portuguese attacker Joao Felix will be part of the Chelsea squad for the remainder of the season, having moved to Stamford Bridge on loan from Atletico Madrid.”
On moving on loan to Chelsea, Joao Felix said: “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.”
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