Inter will re-sign Romelu Lukaku on loan after his failed first 12 months at Chelsea.
The Blues club-record signing for £100 million ($136m) will leave for just an €8m (£7m/$8m) loan fee with the potential to earn more through performance-related add-ons.
The 29-year-old hired a lawyer especially to force the transfer and will take a pay cut to ensure his return to San Siro.
Todd Boehly has prioritised the negotiations around Lukaku to kickstart Chelsea’s summer.
The Blues were keen to get his club-high £325,000-a-week wages off their books after a breakdown in the relationship between the striker and manager Thomas Tuchel.
This is despite Chelsea effectively paying Lukaku to play for Inter with yearly installments on his transfer set at €23m (£20m/$24m).
Roc Nation, the sports agency owned by Jay-Z, helped facilitate talks which involved their client, Lukaku, and Boehly, who they’ve worked with extensively in the past.
The deal shows thatBoehly and the new Blues consortium are fully backing Tuchel despite the costs.
Chelsea will now look to add a new attacking signing with Manchester City’s Raheem Sterling thought to be a frontrunner to come to west London.
There’s an in-house option for Southampton loanee Armando Broja but he is attracting interest from West Ham over a £30m ($37m) transfer.