Endrick Felipe is on his way to Real Madrid for €60 million, according to multiple sources, and Chelsea has almost missed out on signing him from Palmeiras. In fact, if Real Madrid decides to pay his taxes, as reported, the move could cost up to €72 million.
David Ornstein of the Athletic has provided context on Real Madrid’s use of the transfer market to sway Chelsea and PSG.
“Endrick and his family were impressed by Chelsea but found the Premier League side to be more hesitant in committing to the financial terms, even though a large element of the deal was performance-related,” Ornstein writes.
“The timing may also have worked against the London club, given their recruitment operation is still being constructed following a raft of changes made by the new ownership.
“Serial French champions Paris Saint-German made Endrick an attractive pitch, too, though ultimately it was felt Real Madrid offered the smoothest adaptation to life in Europe — plus the attraction of representing such an illustrious club.”
Chelsea lost out on signing Kylian Mbappe in 2011 under similar circumstances.