Chelsea striker Alvaro Morata will join Atletico Madrid on a permanent basis after his 18-month loan expires at the end of next season.
Morata, 26, has been at Atletico since January, scoring six goals in 17 games for the Spanish side.
He was Chelsea's record signing when he joined for £60m from Real Madrid on a five-year contract in July 2017 and scored 24 goals in 72 games.
The former Real Madrid and Juventus player won the FA Cup while at Chelsea.
"Happy it's official," Morata, who joined Atletico as a youth player in 2005, said on social media.
In a statement, Atletico said: "The Spanish striker will play at our club on loan this season, as was agreed when he joined Atletico in the January transfer window, and the move will become permanent at the beginning of the 2020-21 season."
Atletico signed Portugal forward Joao Felix this month for £113m from Benfica - making him the fifth most-expensive transfer in history.
The La Liga club also signed Mexico midfielder Hector Herrera and Brazil centre-back Felipe from Porto.
Atletico striker Antoine Griezmann has confirmed he will leave the club this summer, with Barcelona expected to pay his buyout clause of 120m euros.
But Atletico say they have rejected Barcelona's offer and ordered Frenchman Griezmann to report for pre-season.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
George Twum-Barimah-Adu pledges inclusive cabinet with Minority and Majority leaders
45 mins -
Labourer jailed 5 years for inflicting cutlass wounds on businessman
46 mins -
Parliament urged to fast-track passage of Road Traffic Amendment Bill
46 mins -
Mr Daniel Kofi Asante aka Electrician
47 mins -
Minerals Commission, Solidaridad unveils forum to tackle child labour in mining sector
52 mins -
Election 2024: Engagement with security services productive – NDC
53 mins -
Retain NPP for the good of Ghana – Rebecca Akufo-Addo
54 mins -
‘Let’s work together to improve sanitation, promote health outcome’ – Sector Minister urges
55 mins -
Ellembelle MP cuts sod for six-unit classroom block at Nkroful Agric SHS
58 mins -
‘I’ll beat the hell out of you if you misbehave on December 7’ – Achiase Commanding Officer
1 hour -
AFPNC leads the charge on World Prematurity Day 2024
1 hour -
Court remands unemployed man over theft of ECG property
1 hour -
Election security rests solely with the police – Central Regional Police Command
1 hour -
NCCE engages political youth activists at Kumbungu on tolerance
1 hour -
‘In Mahama’s era students lacked chalk, but are now receiving tablets’ – Bawumia
1 hour