Chelsea has reportedly reached an agreement with Atletico Madrid to re-sign Joao Felix. According to transfer expert Fabrizio Romano, Felix is expected to return to London on a loan deal worth around €11 million, with Chelsea covering his full salary during the loan period. Before finalizing his move, Felix will extend his contract with Atletico Madrid until 2027. The Portuguese forward is set to undergo a medical in London in the coming hours [[❞]](https://www.footballtransfers.com/en/transfer-news/2024/08/chelsea-transfer-news-joao-felix-return-fabrizio-romano-conor-gallagher-atletico-madrid) [[❞]](https://www.football365.com/news/chelsea-reach-9-7m-agreement-felix-atletico-madrid-fly-london-medical).
Felix previously spent the latter half of the 2022-23 season on loan at Chelsea, where he managed to score four goals in 20 appearances. His return to the club is seen as a significant addition, although some critics, such as Rangers legend Ally McCoist, have questioned whether Felix is the right fit for Chelsea’s current needs, particularly given the club’s ongoing search for a more consistent goal-scorer [[❞]](https://www.football365.com/news/chelsea-reach-9-7m-agreement-felix-atletico-madrid-fly-london-medical).
In addition to the Felix deal, this move could have broader implications for Chelsea’s squad. The arrival of Felix may reignite Conor Gallagher’s potential transfer to Atletico Madrid, as the Spanish club has shown interest in the English midfielder. Gallagher’s transfer situation has been in flux, but Felix’s return to Chelsea could finally facilitate this move [[❞]](https://www.nbcsports.com/soccer/news/report-chelsea-set-to-sign-joao-felix-reigniting-conor-gallagher-to-atletico-madrid-move).
This deal underscores Chelsea’s aggressive strategy in the transfer market, as they continue to reshape their squad ahead of the new season.
