Alejandro Garnacho has completed his transfer from Manchester United to Chelsea today.
Man United will receive a fixed fee of £40 million and have also included a 10 per cent sell-on clause.
The Red Devils initially valued Garnacho at £70m but had to lower their asking price after Chelsea tested the waters with a bid as low as £25m.
The 21-year-old completed his medical on Friday and has now signed a seven-year contract with the Blues.
Alejandro Garnacho has completed a permanent move to Chelsea.
We are thankful for his contributions to United and wish him the best of luck for this next chapter ??
— Manchester United (@ManUtd) August 30, 2025
The Argentina international has attracted interest from clubs abroad, but he made it clear that he only wants to join Chelsea.
Garnacho moved to United’s famed academy from Atletico Madrid in October 2020.
He caught the eye of the United coaching staff when he helped United win the coveted FA Youth Cup.
Former manager Erik ten Hag was a big fan of Garnacho and handed him his senior debut in April 2022 when he came off the bench against his new club, Chelsea.
He went on to play 144 times for the Red Devils, scoring 26 goals and 22 assists.
The London side are the clear winner in this transfer saga. A fee of £40m is a bargain for a forward like Garnacho, who has all the talent to become a superstar.
The transfer is the largest for a United academy graduate, and the fourth largest in the club’s history after Cristiano Ronaldo, Romelu Lukaku, and Angel Di Maria.
His exit came through after a public fall-out with United head coach Ruben Amorim following the UEFA Europa League final defeat.
Amorim dropped him from the final league game of the 2024-25 campaign, which confirmed that the winger had no future at United.
Garnacho will now be hoping to take the next step in his career at Chelsea.
He could return to the Theatre of Dreams next month (September 20), with the Blues set to face United in the Premier League at Old Trafford.
Stats from Transfermarkt.com