Atletico Madrid are reportedly obliged to complete Alvaro Morata’s permanent transfer at the end of his loan spell this summer.
While the global pandemic has caused major financial issues for football clubs across the globe, Chelsea must be rubbing their hands as they could now increase their spending power in the upcoming window.
According to a report from Marca, the obligation to buy in Morata’s loan deal, which is worth €55million (£46.8m), is due to be paid on July 1.
The report, which mainly covered Atletico’s spending this summer, said Morata’s transfer would be their biggest spend of the year and they have now shifted their focus to low-cost deals as a result.
Chelsea would still make a loss compared to the reported £60m (BBC) they paid Real Madrid in 2017.
However, considering his underwhelming performances at Chelsea, along with the current financial climate, Chelsea could have easily ended up taking a heavier loss had the deal not been sealed sooner.
The 27-year-old has done fairly well under Diego Simeone this season, topping Atletico’s goal-scoring chart with 12 goals in all competitions.
He had a similar goal-scoring record at Chelsea, netting 11 times in 31 Premier League games in his first campaign and five in the following season before joining Atletico on loan in January.
Chelsea were looking for a replacement for Diego Costa (who scored 20 league goals the previous season) and Morata failed to meet those expectations.