Reece James, a right-back for Chelsea, has signed a six-year contract with the team.
The 22-year-old is a seasoned England international who came up through the Blues academy.
SportsMail estimates that his new contract is worth at least £250,000 per week.
The agreement, which has the option of an extra one, will make James the highest-paid defender in Chelsea’s history.
“I grew up supporting this club and I’ve been here since I was a six-year-old. I put pen to paper on a new deal because this is the club I want to be at.
“I’d like to say a special thanks to the fans, I am here to stay and we have a bright future ahead of us,” James said.
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