Ipswich Town is on the verge of finalizing a record-breaking deal to acquire Chelsea winger Omari Hutchinson, pending a medical examination.
The 20-year-old is set to complete a transfer valued at an initial £20 million, with an additional £2.5 million potentially payable based on performance-related bonuses.
Hutchinson emerged as a top target for Ipswich following a standout loan spell in the Championship last season, where he contributed significantly with 10 goals and six assists.
Under the management of Kieran McKenna, Ipswich Town secured an unexpected automatic promotion by finishing second in their league.
The transfer is slated for completion within the week and is expected to assist Chelsea in meeting Premier League financial regulations.
Hutchinson, who switched international allegiance from England to Jamaica, has made two appearances for Chelsea since his transfer from Arsenal in 2022.