Following a season-long loan, Mateo Kovacic has signed a permanent contract at Chelsea.

It is reported that the fee agreed for the midfielder between Chelsea and Real Madrid is in the region of £40.3 million.

In what was a hectic season for the Club, the midfielder made 51 appearances last season and impressed in the Europa League final victory in Baku.

Despite failing to find the net and only providing two assists, Kovacic will be a welcome addition. It is expected that Chelsea will serve their two window transfer ban and as such, they are lacking experience in midfield with Ruben Loftus-Cheek not expected to return until the end of the year. Loftus-Cheek suffered an achilles injury in a post-season friendly against New England Revolution.

Kovacic has signed a 5 year contract at the Club.

Director, Marina Granovskaia: ‘Mateo proved what an accomplished player he is during his season on loan with us and we are delighted to welcome him to the club on a permanent basis.

‘He already possesses extensive experience at club and international level and we are sure he will be a big success with Chelsea over the next five years.’

Speaking upon his return to Stamford Bridge, the midfielder added:

Kovacic said: ‘I really enjoyed my season on loan with Chelsea, I feel comfortable at the club and like London and the Premier League very much. I am very happy to be able to join permanently.

‘We had a successful year, winning the Europa League and I hope I can make a big contribution in the coming seasons.’

From everyone at the Echo, welcome Mateo!

 

Chris Bradford