What Chelsea were considering doing with Joao Felix before Al-Nassr and Cristiano Ronaldo intervention

Chelsea initially believed Joao Felix would return to Benfica, with the Portuguese club reserving his former No.10 shirt. Benfica had expressed strong interest in re-signing the forward who left them for Atletico Madrid in 2019.

However, Felix is now set to join Saudi Arabian club Al-Nassr after agreeing to personal terms. Al-Nassr has reportedly reached a transfer fee agreement with Chelsea, with Cristiano Ronaldo personally advocating for his Portuguese teammate's move since April. Chelsea had previously blocked Benfica's approach while awaiting better offers.

Transfer expert Graeme Bailey revealed Chelsea were close to accepting a long-term loan to Benfica before Al-Nassr's intervention. The permanent transfer is valued at approximately £40 million, providing Chelsea with significant Profit and Sustainability Rules (PSR) relief. The deal structure includes €30 million upfront plus add-ons and a substantial sell-on clause to meet Chelsea's €50 million valuation.

Felix is scheduled for a medical with Al-Nassr imminently. Despite his underwhelming performances during his Chelsea return (12 Premier League appearances) and unsuccessful AC Milan loan, this sale generates profit for Chelsea. This follows other profitable sales including Noni Madueke (£52m) and Djordje Petrovic (£25m), collectively boosting the club's financial position.