Chelsea have confirmed the £50 million signing of Ben Chilwell from Leicester.
The England defender has signed a five-year deal worth up to £190,000-per-week after passing a medical and also having checks on the heel injury that ruled him out of the end of last season.
Chilwell, 23, becomes manager Frank Lampard’s third major signing, taking his summer spending to around £136 million following the previous captures of Hakim Ziyech for just under £37 million from Ajax and forward Timo Werner for £49 million from RB Leipzig.
Chilwell said: “I am delighted to be joining Chelsea at this very exciting time for the club.
“I’m looking forward to being a part of this young, dynamic squad led by Frank Lampard as we challenge for honours next season.
“I can’t wait to get started and hopefully it won’t be long before we’re playing in front of the Chelsea fans at Stamford Bridge.”
Signing a new left-back, and Chilwell in particular, was a big transfer window priority for Lampard.
He has long been Lampard’s No.1 choice for the position and, as revealed by Sportsmail in October, Chelsea had emerged as frontrunners for his signature following previous interest from Manchester City.
Chilwell’s move to Stamford Bridge ends his 11-year association with Leicester.
He joined the club in 2009, came through the ranks and has made 123 appearances for Leicester, scoring four times.
Chelsea director Marina Granovskaia added: “We are very pleased to have completed our third addition to our exciting squad for the coming season.
“Ben brings plenty of top-level experience playing in the Premier League, Champions League and at international level, despite his young age.
“We are confident Ben will adapt very quickly to being a Chelsea player and with the fixture programme for 2020/21 especially busy, he is a fantastic addition to the squad needed to challenge for honours.”
Chelsea is backing Lampard in the transfer market as they bid to cut the gap to runaway champions Liverpool and runners up Manchester City, after finishing fourth last season.