Chelsea have agreed terms with Atletico Madrid regarding the permanent sale of Alvaro Morata to the Liga giants.
The Spain international finished the 2018-19 campaign on loan at Wanda Metropolitano.
He made no secret of his desire to stay on in the Spanish capital as that initial agreement came to a close.
Atletico also opened the door for the 26-year-old to remain on their books, although transfer talks have dragged on.
Sources close to discussions revealed in June that Morata had been assured that a deal to keep him in Madrid would be done.
Atletico have delivered on that promise, with an agreement reached that will see the striker initially stay on with the Rojiblancos in a loan capacity.
A transfer believed to sit at around the €65 million (£58m/$73m) mark will then be officially pushed through in June 1, 2020.