Official: Pep Chavarria to Chelsea

Summary

Chelsea officially announced on Tuesday the signing of Rayo Vallecano's 28-year-old Catalan defender, Pep Chavarría. This transfer represents one of the most significant sales in the history of the Madrid-based club. Based on the figures that have emerged, Stamford Bridge will pay a fixed fee of 19 million euros, along with an additional 2 million euros in variables. This total amount falls well short of the 50 million euro release clause that was included in the left-back's contract when he renewed it last summer through 2030.