Chelsea FC and Shanghai SIPG have agreed terms for the departure of Oscar, the Brazilian midfielder, to the Chinese Super League club in the coming transfer window
Oscar will complete his move from Chelsea to Shanghai SIPG in January, the Premier League leaders have announced, The deal will see Oscar, 25, massively increase his £90,000-a-week wages at Stamford Bridge and become the Blues’ record sale at £60 million,(about N30 billion).
According to ESPN FC sources, eclipsing the £50m fee received from Paris Saint-Germain for David Luiz in the summer of 2014.
The fee will be the fourth-largest ever paid to a Premier League club. The current world record is the £85m Real Madrid paid to Tottenham Hotspur for Gareth Bale in 2013, exceeding the £80m Manchester United charged the Spanish giants for Cristiano Ronaldo four years earlier.
The player, who has won the Premier League, Europa League and League Cup during his four-and-a-half-year spell at Stamford Bridge, will earn a reported £400,000 (about N200m) a week.
Liverpool sold Luis Suarez to Barcelona in 2014 for £65m. Chelsea said in a statement on their official website: “We thank Oscar for his wonderful service and wish him the very best of luck for the future.”