Conor Gallagher and Joao Felix: High-Stakes Transfers Reshape Chelsea and Atletico Madrid
England midfielder Conor Gallagher has joined Atletico Madrid from Chelsea in a deal worth 36 million pounds, with Joao Felix moving to Chelsea in return. The transfer was finalized after weeks of negotiations. Gallagher, a product of Chelsea's academy, joins Atletico to help Chelsea meet Premier League financial rules.
![Conor Gallagher and Joao Felix: High-Stakes Transfers Reshape Chelsea and Atletico Madrid](https://devdiscourse.blob.core.windows.net/devnews/09_04_2023_07_45_26_1585859.jpg)
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England midfielder Conor Gallagher has officially moved to Atletico Madrid in a high-profile transfer valued at 36 million pounds. The deal, finalized on Wednesday, required Joao Felix to move in the opposite direction to Chelsea, ending a prolonged negotiation period.
Hours after Gallagher's transfer was confirmed, Chelsea announced the acquisition of Portuguese forward Joao Felix for a reported fee of 45 million pounds. Felix, who previously joined Atletico Madrid through a 126 million euro buyout clause, expressed his eagerness to return to Chelsea, a club he played for on loan last season.
The deal was almost jeopardized last week but a timely resolution facilitated Gallagher's move. Chelsea continues to transform its squad under American ownership, having spent over $250 million in the current transfer window alone.
(With inputs from agencies.)
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