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Chelsea Miss Out On Osimhen As PSG, Napoli Near €120m Agreement

Napoli forward Victor Osimhen is on the brink of a significant transfer to Paris Saint-Germain (PSG) for a reported fee of €120 million, dealing a blow to Chelsea’s hopes of signing the Nigerian international to address their striker shortage for the upcoming season.

Despite interest from various top European clubs, negotiations between Napoli and PSG, as detailed by Italian outlet Il Mattino, are progressing well.

PSG appears determined to beat out competitors like Chelsea for Osimhen, ready to trigger his €120 million release clause and offer him a lucrative four-year contract worth €13 million (£11m/$14m) annually. Chelsea’s financial limitations and the need to comply with the Premier League’s Profit & Sustainability Regulations (PSR) have led them to step back from pursuing Osimhen’s signature.

Since Kylian Mbappe expressed his desire to depart the club in the summer, Osimhen has emerged as one of the leading contenders to fill the void left by the Frenchman.

Despite signing a contract extension until 2026 in December, the Nigerian international remains a sought-after transfer target, particularly after his contribution to the Super Eagles’ journey to the Africa Cup of Nations final. Osimhen, aged 25, reportedly carries a £112 million release clause in his new contract, a figure PSG would be willing to meet unless Mbappe’s high wages strain their resources.

Over the past few years, the Napoli striker has established himself as one of Europe’s most prolific forwards, following up on last season’s impressive tally of 26 goals in 32 Serie A appearances with seven goals in 13 matches this season.

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