Felix willing to take pay cut for Chelsea move

Atletico Madrid forward Joao Felix has agreed to a salary reduction to fit into Chelsea's expenditure structure, reports The Telegraph.

The clubs have not yet reached an agreement on the transfer fee for the Portuguese player. Chelsea is only willing to sign Felix on their own terms.

Additionally, Atletico and Chelsea are negotiating the transfer of Blues' midfielder Conor Gallagher to the Spanish side. Previously, it was reported that Felix could be included in this deal, but Chelsea prefers to evaluate each transfer separately.