Chelsea set to announce Joao Felix loan signing on Wednesday

STARLET: Joao Felix has agreed to join Chelsea on loan from Atletico Madrid (Mike Egerton/PA)

Chelsea will pay £9million to sign Atletico Madrid forward Joao Felix on a six-month loan, with an announcement likely on Wednesday, the PA news agency understands.

The Portugal international was the subject of interest from Arsenal and Manchester United, but has chosen to spend the rest of the season with the Blues, who will also cover the player’s £5.3m wages.