Joao Felix excited by Chelsea challenge after completing loan move from Atletico

LOAN STAR: Joao Felix has extended his contract at Atletico Madrid and will spend the rest of the campaign at Stamford Bridge. Pic: Mike Egerton/PA

Chelsea have announced the loan signing of Portugal forward Joao Felix on loan from Atletico Madrid until the end of the season.

As part of the deal, the PA news agency understands Chelsea will pay a loan fee of around £9million and also cover the player’s £5.3m wages.