Overview
- Multiple transfer insiders reported late Thursday that Chelsea and Rayo Vallecano reached terms for Pep Chavarría with a package of about €19m fixed plus €2m in performance add‑ons.
- Club‑to‑club paperwork was reported to be underway and Chavarría is expected to fly to London for a medical and contract signing before the transfer can be officially registered.
- Journalists say personal terms between Chavarría and Chelsea are already agreed, which leaves medical clearance and league registration as the final formal steps.
- Chelsea’s decision to prioritise Chavarría has reduced their pursuit of alternatives, making Leeds United’s Gabriel Gudmundsson likely to remain with his club.
- The move follows Chavarría’s strong 2025/26 season for Rayo, and it adds to Chelsea’s active summer rebuild that has already produced several signings and reshaped the squad depth at full‑back.