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Chelsea striker Nicolas Jackson is set to join Bayern Munich on a season-long loan, sources have told ESPN.
The west London club have agreed a deal which comprises a £13 million ($17.5m) loan fee and an option to make the move permanent for a fixed price of £56.25m ($76m). Sources have also confirmed the transfer includes a clause that gives Chelsea 25% of any future move.
Jackson's future has been uncertain ever since Chelsea opted to sign two new strikers this summer with Liam Delap arriving first in a £30m deal from Ipswich Town before João Pedro signed from Brighton for £60m.
Aston Villa, Newcastle and Juventus were among the interested clubs but Bayern were the only side willing to match Chelsea's valuation of the player, a point which will be reached should the Bundesliga side trigger their option to sign Jackson permanently.
Nicolas Jackson has struggled to establish himself as an elite No. 9 in the Premier League since joining Chelsea in 2023. Stephen Nadler/ISI Photos/ISI Photos via Getty Images
Jackson scored 13 goals in 37 appearances last season and was not made part of the so-called "bomb squad" -- a group of players training away from the first-team group as they attempt to revive their careers with a move elsewhere.
Instead, head coach Enzo Maresca kept Jackson with the rest of his squad but was always open to a sale, especially with Chelsea's need to comply with the terms of their UEFA ban which requires them to record a net positive transfer spend in relation to last season's Conference League squad.
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Having decided against moving for Xavi Simons -- who has instead left Red Bull Leipzig to join Tottenham in a £52m deal -- Chelsea are now in talks with Brighton over a move for Facundo Buonanotte.
The 20-year-old was expected to join Leeds on loan but Chelsea's interest has triggered the collapse of that move.
However, a source has told ESPN that Brighton are only interested in a loan deal to a Premier League club rather than a permanent transfer. It remains to be seen if Chelsea can conclude a deal to satisfy all parties before Monday's deadline.
Alejandro Garnacho is expected to complete a £40m move from Manchester United imminently. The winger has signed a contract at Stamford Bridge to 2032.