Chelsea are close to signing Joao Felix on a loan deal until the end of the season, football.london understands.
As reported by David Ornstein of The Athletic, the Blues are close to signing the Portugal international, beating off interest from Manchester United and Arsenal.
As football.london reported midway through last month, Chelsea have scouted the 23-year-old on numerous occasions this season. However, at the time, the Blues only had a tentative interest in the Portuguese forward, but it looks as if that has ramped up in recent days.
Felix has been the recipient of interest from the Premier League after it became clear his future at Atletico was unclear. The Spanish club were hopeful of agreeing a permanent departure but after spending £113million for Felix in 2019, acquiring a fee close to the one paid nearly four years ago seemed nearly impossible.