Ipswich have signed Chelsea forward Omari Hutchinson in a club-record deal.
The 20-year-old has signed a five-year contract with the Premier League newcomers. The fee is believed to be an initial £20m, with an additional £2.5m potentially due based on performance-related add-ons.
Hutchinson was Ipswich’s primary transfer target following his impressive loan spell in the Championship last season, where he contributed 10 goals and six assists.
Kieran McKenna’s Tractor Boys secured an unexpected automatic promotion by finishing second after coming up from League One.
“We’re so pleased to bring Omari back on a permanent basis,” McKenna told the club’s website.
“We think Omari is a fantastic player and person to have at the club for the long-term future. He has a hunger to improve and show that he can compete and thrive in the Premier League.”
The deal will help Chelsea further balance their books to comply with Premier League profit and sustainability rules.
The Jamaica international, who represented England up to the under-19 level, played twice for Chelsea after joining from Arsenal in 2022.