da winzada777: Newly promoted Premier League side Ipswich Town have confirmed the signing of Omari Hutchinson.
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Chelsea make Hutchinson saleIpswich make club-record purchaseChelsea safe with PSR regulationsWHAT HAPPENED?
Chelsea had been worried about their compliance with the Premier League's Profit and Sustainability rules ahead of their June 30 deadline, and they were desperate to make sales to avoid any possibility of a points deduction for a potential breach. As such, they completed the sale of Hutchinson to Ipswich on the PSR deadline.
AdvertisementTHE BIGGER PICTURE
As per the BBC, Ipswich made the signing of Hutchinson for a reported club-record fee of £20 million ($25.3m) along with performance-based add-ons of £2.5m ($3.1m). Hutchinson was the main transfer target for the Tractor Boys following his outstanding season of 10 goals and 6 assists while on loan with Kieran McKenna's side.
(C)GettyImagesWHAT MCKENNA SAID
Speaking to club media, McKenna said: "We’re so pleased to bring Omari back on a permanent basis.
"We think Omari is a fantastic player and person to have at the club for the long-term future. He has a hunger to improve and show that he can compete and thrive in the Premier League."
WHAT NEXT FOR HUTCHINSON?
The youngster will now join up with Ipswich during their pre-season camp as he will look forward to making his mark in the Premier League this season.