'Confirmed' - Chelsea complete £22m transfer with Arsenal sent for windfall

Chelsea have completed a deal to sell talented forward Omari Hutchinson to Ipswich Town this summer.

The Tractor Boys' desire to make the player's loan spell permanent had become clear over recent weeks and now transfer guru Fabrizio Romano reports that the deal has been signed and confirmed between the two Premier League clubs.

Taking to X on Sunday afternoon, Romano wrote: "Understand Chelsea and Ipswich Town have just signed all docs for Omari Hutchinson permanent deal. Agreement on package worth £22m fee plus sell-on clause around 25%, NO buy back option. Exclusive story, confirmed."

That deal is set to be a club record fee for Ipswich Town, smashing the £4.5 million paid by the club to sign Hermann Hreidarsson from AFC Wimbledon in 2000.

Hutchinson is reported to be Ipswich Town's primary transfer target this summer after an outstanding spell on loan at Portman Road in the Championship last season. The forward picked up 10 goals and six assists for the side as they achieved promotion to the top flight, making a total of 50 appearances in all competitions.

Hutchinson was named Championship Player of the Month in February and was awarded the Ipswich Town accolade for Young Player of the Year at the end of the season.

News of the deal comes as a major boost for Chelsea in the rush to meet Premier League Profit and Sustainability Rules by the end of the financial year. Hutchinson joined Chelsea from Arsenal in 2022 and has made just two first team appearances.

Watch - The Chris Wheatley Show: Arsenal summer transfer special: Sesko, Douglas Luiz, and Zirkzee

Arsenal are set to see some financial windfall from the Chelsea and Ipswich Town deal. Hutchinson spent seven years in the Gunners' youth academy and signed a professional deal with the club when turning 17 in 2020.

Football.London reports that Arsenal inserted a sell-on clause when letting the player join Chelsea, which will see the north London outfit benefit from the £22 million deal.