Inter will re-sign Romelu Lukaku on loan after his failed first year at Stamford Bridge.
The Blues club-record signing for £100 million ($136m) will leave for just an €8m (£7m/$8m) loan fee with the potential to earn more through performance-related add-ons.
Lukaku hired a lawyer especially to force the transfer and will take a pay cut to ensure his return to San Siro.
Todd Boehly has prioritised the negotiations around Lukaku to kickstart Chelsea's summer.
The Blues were keen to get his club-high £325,000-a-week wages off their books after a breakdown in the relationship between the striker and manager Thomas Tuchel.
This is despite Chelsea effectively paying Lukaku to play for Inter with yearly installments on his transfer set at €23m (£20m/$24m).
Roc Nation, the sports agency owned by Jay-Z, helped facilitate talks which involved their client, Lukaku, and Boehly, who they've worked with extensively in the past.
The deal shows that Boehly and the new Blues consortium are fully backing Tuchel despite the costs.
Chelsea will now look to add a new attacking signing with Manchester City's Raheem Sterling thought to be a frontrunner to come to west London.
There's an in-house option for Southampton loanee Armando Broja but he is attracting interest from West Ham over a £30m ($37m) transfer.
The No. 9 failed to adapt to life under Tuchel, who places huge demands to press on his forwards.
Unfortunately, that wasn't Lukaku's strength, which saw Tuchel ultimately not use the Belgium international as much as he wanted.
The inability of either player or coach to adapt ultimately led to an unsanctioned interview by Lukaku, which served to alienate him from supporters.
That breakdown in the relationship was never repaired but Lukaku still ended the season as Chelsea's top scorer with 15 goals.
He scored a creditable 0.45 goals per 90 minutes but it wasn't enough to say he properly adapted to the style of play under Tuchel.
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