Clubs agree fee for Ramires

04 August 2010 10:30
Benfica have confirmed they have reached an agreement to sell Ramires to Chelsea for 22million euros (£18.2m). The deal will be completed once Ramires undergoes a medical and pens a contract with the Barclays Premier League champions, something which is expected to take place in the coming days. The 23-year-old will become the second addition to Carlo Ancelotti's squad following the arrival of Yossi Benayoun from Liverpool. Benfica announced the deal with a statement on the website of the Portuguese Securities Market Commission. Ramires joined the Portuguese giants last summer from Cruzeiro, in his homeland, penning a five-year contract with a release clause of 30 million euros. There were fears the deal could hit a stumbling block over third-party ownership, but those appear unfounded. Kia Joorabchian, the football businessman who brought Carlos Tevez and Javier Mascherano to the Premier League, does not own any direct stake in Ramires.

Source: PA

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