Atletico Madrid announced Monday that they have completed the signing of Alvaro Morata from Chelsea on an 18-month loan deal:
Atlético de Madridud83dudd34u26aaud83dudd34 #WelcomeMorata! Agreement with @ChelseaFC over the loan of @AlvaroMorata for the remainder of the current season and the next one. FULL STORY u27a1 https://t.co/KiMEnruwJk #AúpaAtleti https://t.co/vHYMUSv3Vp
Dominic Fifield of the Guardian reported on January 21 that the capital club will be able to make the transfer permanent at the end of the season if they wish for a fee of £48.5 million.
Morata makes the move after Gonzalo Higuain joined the Blues for the rest of 2018-19.