LONDON, England - Chelsea have agreed to sell Belgian goalkeeper Thibaut Courtois to European champions Real Madrid, the Premier League club said on Wednesday. Real will pay an initial 35 million euros ($40.7 million) for Courtois, Spanish media reported.
"We have tonight agreed terms with Real Madrid for the transfer of Thibaut Courtois, subject to the agreement of personal terms and a medical," Chelsea said on Twitter. "As part of the deal, Mateo Kovacic will join Chelsea on a season-long loan."
Courtois, 26, is poised to sign a six-year contract at Real, Spanish media reported. Courtois played 154 times for Chelsea after arriving at Stamford Bridge in 2011, keeping 58 clean sheets. He spent three years on loan at Atletico Madrid from 2011-14.
Real Madrid didnt waste any time in announcing the Courtois transfer, tweeting that the move had been completed and releasing a short statement on their website. "Real Madrid C.F. and Chelsea F.C. have agreed the transfer of Thibaut Courtois, who has signed for the club for the next six seasons," Real said in the statement.
"After the medical that will take place tomorrow, Thursday 9 August, the player will be presented at 1pm in the presidential box at the Santiago Bernabéu stadium. Subsequently, Courtois will go out on the pitch at the Santiago Bernabéu for the first time wearing the Real Madrid C.F. jersey and will speak to the media in the press room."