Juventus have exercised their €40 million (£34 million/$42 million) purchase option on Federico Chiesa, sealing his permanent move from Fiorentina.
Chiesa first joined Juve on loan in October 2020, when Juve agreed to pay Fiorentina a loan fee of €10 million for two seasons with the option to buy him out in 2023.
The final agreement also contained an obligation to buy if certain criteria were satisfied, including Champions League participation for 2022-23, and the Bianconeri have now announced that the 24-year-old has been purchased outright.
Juve announced in an official press statement that they would pay Chiesa’s entire transfer cost in installments over the next three years and that he might wind up paying a total of €50 million (£42 million/$53 million) plus add-ons if he meets specific individual criteria.
The gifted striker turned to social media to share his joy after completing his permanent transfer to the Allianz Stadium, stating on Instagram: “To be continued…”
Chiesa has 18 goals and 14 assists in his first 61 appearances for Juventus in all competitions.
The Italy international has helped the team win two titles so far, including the Coppa Italia trophy last season, although his 2021-22 season was cut short due to injury.
Chiesa sustained a cruciate knee ligament injury in January and is not likely to return to play until much later in the year, with Juve still refusing to provide an update on his recuperation.