Several media outlets including Eurosport, the Guardian, the Telegraph and the Daily Mail are all reporting that the Blues have signed the so-called wonderkid on a £25 million deal for next season—beating out Tottenham Hotspur for the midfielder.
Spurs were believed to be in the pole position to land the 20-year-old over the transfer window, but it is reported that Chelsea have significantly trumped any bid made by Andre Villas-Boas—a testament again to the big-spending habits of Roman Abramovich.
The Chelsea owner has already spent well over £40 million on securing Eden Hazard and Marko Marin for next season, but seemingly had no problems to splash out the money to secure the signature of Oscar. It could well pay dividends for the London club, who must be considered genuine contenders in both the English Premier League and UEFA Champions League.
No formal announcement has been made between the two clubs regarding a deal, though according to the player's agent, Carlos Meinberg Neto (via Eurosport), a deal should be announced in the next few days given the supremacy of Chelsea's bid and status.
[An] agreement between the clubs—that may happen in the next few days. Tottenham made an offer, but he should accept Chelsea's offer as there is more exposure there.
Giuliano Bertolucci (another agent who represents the player) will travel to England to finalise the remaining details.
Simon Jones of the Daily Mail highlights the impact that Oscar could have at the club—particularly in light of the Blues' success and criticisms from last season.
Chelsea came in for criticism for the way they won the Champions League with an obdurate defensive style.
However, the signing of Oscar is another bold statement of intent from Abramovich as he strives to make Chelsea a more fluid, attacking team in the mould of Barcelona.
Abramovich believes if manager Roberto Di Matteo can channel that flair alongside the defensive grit the squad showed to win the Champions League, then Chelsea will be well placed to mount more serious challenges on domestic and European honors.
The 20-year-old is touted as one of the hottest prospects to come out of Brazilian football in several years after he netted a stunning hat trick in the Under-20 FIFA World Cup last year.
In his short career, he has also won six international caps and two state titles and will certainly be a player to watch in the English Premier League next season.
Do you think Oscar is a good signing for Chelsea?
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