Chelsea CONFIRM €26m transfer as Arsenal land HUGE windfall for ex-academy star

Robin Bairner

1 Jul 2024 00:40 CDT
15 min read

Enzo Maresca, Chelsea, 2023/24 — © IMAGO

Chelsea have confirmed their third major summer sale, with the news that Omari Hutchinson will leave the club to join Ipswich Town.

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The young winger was on loan at the Championship side last season and helped Ipswich charge through the second tier to secure a shock place in the Premier League for the 2024/25 season.

Chelsea will recoup as much as €26 million for the 20-year-old, who has also won two international caps for Jamaica.

Current ETV

Omari Hutchinson

F (R), AM (CR)

Chelsea

Omari Hutchinson

F (R), AM (CR)

Chelsea

ETV Range

€5M - €8.4M

Hutchinson has signed a five-year contract with Ipswich, which will see him remain with the club until 2029.

On the club’s official website, the Blues stated: “Omari Hutchinson has left Chelsea and completed a permanent transfer to Ipswich Town.

“We wish Omari well as he begins a new chapter in his career and thank him for all his efforts while with the Blues.”

He had made only two first-team appearances for the Stamford Bridge club.

Arsenal" target="_blank">Arsenal, meanwhile, stand to gain financially from Hutchinson’s move to Portman Road.

The Gunners could scoop as much as €5.2m from the deal, with Mikel Arteta’s club having a sell-on clause on the player worth between 15 and 20%. He had been in Arsenal’s academy setup from 2015 until 2022.

Chelsea get good value for Hutchinson

Hutchinson has an Estimated Transfer Value (ETV) of €6.7m, but this has risen sharply since the beginning of the year. Back in January, the versatile attacker was worth just €2.6m, and Ipswich will expect this figure to jump once more as he gains significant Premier League experience.

According to data analytics firm SciSports, he was one of the leading wingers in the Championship last season, excelling particularly in his dribbling, crossing and defensive positioning.

Hutchinson v Championship wingers: 2023/24

The Tractor Boys, though, will need Hutchinson to step up again if they are to survive in the Premier League, with the odds stacked against them going into the new campaign.

He becomes Chelsea’s third major sale of the summer after Ian Maatsen to Aston Villa and Lewis Hall to Newcastle. The deal also takes the Blues over the €100m mark in terms of transfer fees received this off season.