Since making that incredible €126m switch from boyhood club Benfica to Atlético de Madrid in the summer of 2019, the Portuguese has rarely - if ever - lived up to his hefty price-tag, and this season in particular, it felt like he was in danger of truly losing his way.

AC Milan brought in João Félix, Santiago Giménez, Riccardo Sottil and Warren Bondo, while letting former captain Davide Calabria leave along with Noah Okafor and Ismaël Bennacer in a busy final day of the transfer window.

AC Milan announced on Tuesday the signing of João Félix on loan from Chelsea for the remainder of the season. The Portugal international arrived in Milan on Monday and passed a medical before signing a contract with the Rossoneri.

Felix joins Milan on a straight loan deal without a buy option, which will also include a loan fee package worth €5.5million.

Chelsea forward Joao Felix will spend the rest of the season on loan at AC Milan in Serie A. The Italians have reportedly paid a £5m loan fee and will cover his wages, but there's no obligation for them to buy him in the summer.

Chelsea loaned out Joao Felix for a fee of just €2m to AC Milan but the Blues can make more money on the attacker through conditional bonuses.