Chelsea sign Dewsbury-Hall from Leicester for £30m
- Published
Chelsea have signed midfielder Kiernan Dewsbury-Hall from Leicester City for £30m.
The Foxes academy graduate, 25, has signed a six-year contract until 2030.
His transfer was completed before Sunday's Premier League profit and sustainability rules (PSR) deadline so will help Leicester comply with the financial guidelines.
"It is amazing to be sitting here as a Chelsea player," said Dewsbury-Hall.
"This is a club people grow up watching and hoping to one day play for, so it is a privilege to be here."
He will link up again with manager Enzo Maresca, who joined Chelsea this summer after winning the Championship title with Leicester last season.
Dewsbury-Hall scored 12 goals and provided a further 12 assists in 44 league games last campaign, leading to him being named Leicester's player of the season and players' player of the season.
He is Chelsea's fourth summer signing after defender Tosin Adarabioyo's free transfer from Fulham, midfielder Omari Kellyman's £19m move from Aston Villa and teenage forward Marc Guiu's £5m arrival from Barcelona.
Sale eases Leicester's PSR concerns
Nick Mashiter, BBC Sport Football News Reporter
Leicester can breathe a little easier now Kiernan Dewsbury-Hall’s £30m move to Chelsea has gone through.
The deal for the midfielder was completed over the weekend, meaning the club are expected to be able to include it in their 2023-24 accounts, therefore easing some PSR concerns.
While those concerns may not disappear completely, the £10m compensation for former boss Enzo Maresca's own Chelsea transfer means a total of £40m banked, adding to the growing confidence they can avoid a breach of the rules, which prohibit clubs from losing more than £105m over a three-year period.
There is the first charge, handed out by the Premier League in March for an alleged breach relating to their previous three top-flight seasons, still to be considered though.
Leicester were frustrated by their referral to an independent commission but they remain committed to co-operating in the process, something which benefited Nottingham Forest, who had their penalty for breaching PSR reduced by two points last season.
- Published26 July 2022