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Chelsea forward João Félix has completed a permanent move to Saudi Pro League side Al Nassr in a deal worth up to £43.7 million (€50m).
The transfer includes an initial fee of £26.2 million (€30m), with an additional £17.5 million (€20m) in performance-related add-ons.
Félix had been in talks with former club Benfica earlier this summer, but Al Nassr moved swiftly to secure the 25-year-old’s signature as part of their ongoing squad revamp.
The club has already extended Cristiano Ronaldo’s contract and appointed veteran Portuguese coach Jorge Jesus in a bid to capture the Saudi Pro League title.
The deal provides Chelsea with financial flexibility to pursue other targets, including RB Leipzig attacker Xavi Simons, with further signings dependent on outgoing transfers.
Félix rejoined Chelsea permanently from Atlético Madrid last summer for £46.3 million following a brief loan spell at Stamford Bridge in early 2023. He made 20 appearances in all competitions last season, scoring seven goals.
While the Portugal international struggled to fully establish himself at Chelsea, the club has recouped nearly all of their investment. They also earned £5 million from his loan to AC Milan in February, where he scored three goals in 19 appearances.
Chelsea have now generated £135.7 million from player sales this summer, bringing their net spend to £82.3 million as the club continues its squad overhaul.