Chelsea have agreed a deal with Palmeiras for 17-year-old winger Estêvão Willian, sources have told ESPN.
The west London club have beaten off competition from some of Europe’s biggest clubs to agree a deal that sources have told ESPN is worth an initial €34 million ($37m) with performance-related add-ons potentially taking the total to a figure in the region of €67m.
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The teenager is regarded as one of the best young talents in his native Brazil but, should the transfer be completed, the teenager will not join the club until 2025
Chelsea have prioritised signing young talent ever since the Todd Boehly and Clearlake Capital completed their takeover two years ago, with the club’s new owners investing more than £1bn in the time since.