Kovacic officially leaves Real Madrid for Chelsea permanently

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Chelsea have signed Real Madrid's Croatian worldwide midfielder Mateo Kovacic on a deal worth about 40 million pounds (50.5 million us dollars).

However, Chelsea is able to snap up a deal for Mateo Kovacic this summer following his move on loan from Real Madrid.

The Blues are banned from registering new signings for the next two transfer windows because Federation Internationale de Football Association found they had breached regulations relating to the global transfer and registration of players aged under 18.

Chelsea will now complete the permanent signing of Kovacic because he was already registered as a footballer at the club.

A fee for the 25-year-old was agreed last week, followed by personal terms, with Kovacic signing a five-year contract with the Europa League winners.

After failing to become a regular for Los Blancos, Kovacic joined Chelsea on a season-long loan deal last summer. I am very happy to be able to join permanently. And, the player now has the chance to set the record straight in the upcoming season, having joined Chelsea on a permanent basis.

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'The club wants to thank Kovacic for all these years of dedication, professionalism and exemplary behavior, and wishes him good luck in his new stage'.

"Real Madrid and Chelsea have agreed the transfer of the player Mateo Kovacic", the La Liga side said in a statement.

The Croatia worldwide is delighted to be staying in west London for the long term after making 51 appearances for Chelsea last season under former manager Maurizio Sarri.

Frank Lampard is expected to take over as the club's new manager in the coming days after Maurizio Sarri's departure at the beginning of the month.

"I really enjoyed my season on loan with Chelsea", he said.

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