The Athleti hit-man was strongly linked with a £35M move to Chelsea, after he led his club-side to a Champions League final debut.

Diego Costa according to reports has agreed to join the blues after his contract with Athletico Madrid ends.

A deal worth £75 million,including transfer fee and salary, was finalised at a meeting in London less than 24 hours after Costa’s penalty inspired Atletico Madrid’s 3-1 Champions League win over the Blues on Wednesday.

Chelsea will pay around £35m for the striker, although a significant portion of the transfer fee includes agents’ fees.

The Europa League champions will also more than triple the wages of Costa, who is believed to earn around £50,000 per week at the Estadio Vicente Calderon.

Chelsea are set to hand the 25-year-old a five-year contract worth £150,000 a week.

Atletico coach Diego Simeone had paved the way in April for Costa to leave by admitting that the Primera Division challegers were powerless to stop him being sold to a club of Chelsea’s financial might.

“It will depend on him [Costa] and what he thinks is the best for his future,” Simeone said. “I will support any decision he makes. It’s natural that Chelsea are interested in him.

“We understand that Chelsea have huge financial power and if he wants to live off football for the rest of his life, I will have no problem in him going.

Samuel Eto’o is getting older and Diego Costa could do his thing there but, for now, he is ours.”

Costa emerged as Chelsea’s top centre-forward target following an outstanding campaign for Atletico, who head the Spanish table as well as being in the final of the Champions League. The 25-year-old has scored 36 times in 49 matches this season and his 27-goal league haul is second only to Cristiano Ronaldo (30).

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