Chelsea have sold Thorgan Hazard to Borussia Monchengladbach for a staggering mark-up of 1500 per cent on the fee they paid for him two-and-half-years ago, according to reports.
Hazard, the 21-year-old younger brother of Blues star Eden, moved to the Bundesliga side at the start of the season on loan but with his Chelsea deal expiring in the summer, he will now stay until 2020.
Reports suggest Monchengladbach have paid €8m to make his move permanent. That's an incredible 1500 per cent increase on the €500,000 fee they paid in July 2012. The increase is all the more remarkable due to the fact Hazard spent just 37 days at Stamford Bridge, never played for the senior team and played just once for the Under-21s.
Gladbach's sporting director Max Eberl said: "Thorgan has shown what a great talent he is over the past few months. We are delighted we have managed to sign him, and that he has decided to play for Borussia over the next few years."
A Chelsea statement read: "Thorgan Hazard has today signed for Borussia Monchengladbach, with Chelsea having the right to exercise a future buy-back option.
"Chelsea Football Club wishes Thorgan well for the future and will continue to monitor his progress."
Top 10 most expensive players ever
Top 10 most expensive players ever
1/10 Gareth Bale - £86million
Tottenham to Real Madrid (2013) - Bale became the world's most expensive player ever when he made the switch from Spurs to Spain.
2/10 Cristiano Ronaldo - £80m
Manchester United to Real Madrid (2009) - Ronaldo smashed the record transfer fee when he left Old Trafford.
3/10 Luis Suarez - £75m
Liverpool to Barcelona (2014) - The Reds cut ties with Suarez after the 2014 World Cup making a £50m profit.
4/10 Neymar - £71.5m
Santos to Barcelona (2013) - The Brazilian finally completed his long awaited move to Europe after a complex deal.
5/10 James Rodriguez - £63m
Monaco to Real Madrid (2014) - After a superb World Cup showing, the Colombian became Real's latest big money signing.
6/10 Zlatan Ibrahimovic - £59m
Inter Milan to Barcelona (2009) - The Swed only spent two seasons at the Nou Camp despite his mammoth price-tag.
7/10 Kaka - £56m
AC Milan to Real Madrid (2009) - The Brazilian joined in the same summer as Ronaldo but failed to make a real impact at the Bernabeu.
8/10 Edinson Cavani - £55m
Napoli to PSG (2013) - The Uruguayan's deal made him the most expensive player ever purchased by a French team.
9/10 Zinedine Zidane - £53m
Juventus to Real Madrid (2001) - Became the world's most expensive player when he moved to the Bernabeu and more than paid it back, particularly with his spectacular goal in the 2002 Champions League final against Bayer Leverkusen.
10/10 Radamel Falcao - £51m
Atletico Madrid to Monaco (2013) - The newly funded Monaco signalled their intent by signing the Colombian.
Hazard will formally complete his move on July 1.
The deal represents the latest in a series of exits from the club that have seen Chelsea make a profit on the fee they brought the players in for.
Juan Mata was signed for £23.5m and sold to Manchester United for £37.1m. Romelu Lukaku arrived for £18m, made just 10 league appearances for the Blues and was sold three years later to Everton for £28m. David Luiz was signed for £21m then sold to PSG over the summer for a fee put between £40m-£50m - a fee that seemed all the more remarkable after some madcap displays at the World Cup.
Kevin De Bruyne was signed for £6.7m, made just three league appearances, then was sold two years later for £18m. Most recently Andre Schurrle, signed for £18m, went to Wolfsburg for £22m.
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