Diego Costa to Chelsea: Latest Transfer Details, Reaction and More

Tim Daniels@TimDanielsBRFeatured ColumnistJuly 1, 2014

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Updates from Tuesday, July 15

Chelsea confirmed the signing of Diego Costa on a five-year contract in a release on the club website.

Costa also spoke about his move to Stamford Bridge in the statement:

Costa said: ‘I am very happy to sign for Chelsea. Everybody knows it is a big club in a very competitive league, and I am very excited to get started in England with a fantastic coach and team-mates. Having played against Chelsea last season I know the high quality of the squad I am joining.

‘I would like to thank everybody at Atletico who made me into the player I am, it was an incredible time for me, but now I am starting a new adventure and I hope to win many trophies with Chelsea.’

Original Text

Diego Costa is heading to Chelsea after they reached a transfer agreement with Atletico Madrid for the talented striker.

The Blues announced the deal on Tuesday:

Chelsea Football Club can confirm an agreement has been reached with Atletico Madrid for the transfer of Diego Costa, with Chelsea meeting the buy-out clause for the Spanish international.

Costa was somewhat of a late bloomer. He always possessed the potential to become a valuable member of an attack in one of Europe's best leagues, but it took some time for everything to click for him as he bounced around from club to club on loan.

Finally, after an encouraging loan stay with Rayo Vallecano, Atletico gave him a more extended look last season and he broke out with 20 goals across all competitions. He proceeded to put together an even more impressive campaign to back up that success with 35 goals.

One of the main reasons for his success is his strong play at home during La Liga play. Squawka Football notes only one player scored more goals in front of a club's faithful supporters in league action than the Colchoneros star:

The consistent production over the past two seasons led him to become a very coveted commodity during the summer transfer window. Top clubs from around Europe took note of his rise, which for awhile looked like it may not happen.

As the campaign neared its conclusion, Pete O'Rourke of Sky Sports reported Costa said he was happy in Madrid but didn't take any options off the table:

I feel good at Atletico, I am happy in Madrid.

We will see what happens, there are offers but it is too early yet to talk. Now I am just thinking about the end of the season, I want to win the Champions League and La Liga.

Now, at age 25, Costa is in the midst of the best form of his career. Moving to a new club is a chance for him to continue building on the success he found with Atletico while the club gets peak value for him, which is the bright side to losing a key player.

It will be interesting to see how Costa acclimates himself to his new surroundings. After moving around frequently during the early portion of his career, he finally seemed to find a comfort zone in Madrid and now finds himself with a new club once again.

His form suggests he'll make a smooth transition and make a major impact during his first season with the high-profile club. But it's always something that's easier said than done. Costa understands that first hand and those past experiences should help.

All told, the powerful striker should live up to the hype, although it may take him some time to fit in after making yet another move.