Al Nassr have finalized the signing of Joao Felix from Chelsea in a deal worth $35.2 million upfront, with additional clauses potentially raising the total valuation to $67 million. The Athletic first reported Chelsea\'s $67 million asking price for the Portuguese forward on July 22.
The Saudi Pro League club secured the 25-year-old after he spent the second half of the 2024-25 season on loan at AC Milan. Felix made 21 appearances for the Serie A side, recording three goals and one assist before Milan\'s eighth-place finish and Champions League playoff elimination to Feyenoord.
Chelsea originally re-signed Felix from Atletico Madrid in August 2024 for $58 million, following his initial loan spell at Stamford Bridge during the 2022-23 season. The forward managed just three Premier League starts before his Milan loan move, despite his contract running until 2030 with an additional year option.
Felix expressed his desire to remain at Milan beyond the loan agreement, stating he \"would be willing to remain\" at the Italian club if an opportunity arose. However, Milan paid his full wages plus a $7.4 million loan fee without securing a permanent option.
The Portuguese international was notably excluded from Chelsea\'s 28-man Club World Cup squad despite his loan agreement extending until June 1 specifically to allow participation in the tournament. Chelsea have continued their active summer transfer window with attacking additions including Jamie Gittens, Joao Pedro, Liam Delap, and Estevao.
Al Nassr finished third in the Saudi Pro League last season, trailing champions Al Ittihad by 13 points. The signing represents another high-profile acquisition for the Riyadh-based club as they continue building their squad with European talent.