Chelsea FC have agreed a deal to sign Brazilian forward Joao Pedro from Brighton & Hove Albion. As per Sky Sports, the deal, which is worth over £50 million, will see the 23-year-old join Enzo Maresca's side at the FIFA Club World Cup in the USA. Pedro has agreed to a seven-year contract with Chelsea and could potentially play in the tournament's quarter-finals against Palmeiras on Friday. He will have a medical and fly to the USA. Chelsea's decision to sign Pedro is part of their strategy to strengthen the squad with a versatile forward. The club sees Pedro as a player who can fit into different attacking roles. Newcastle United had also shown interest in signing him but their bid of around £50 million was rejected last week. Notably, the player only wanted to join the Blues once they approached him. The report adds that, Watford, who sold Pedro to Brighton for £35 million in 2023, will be entitled to 20% of the profit from this deal. This clause is a standard practice in football transfers where the selling club receives a percentage of any future sale profits. Chelsea are on a spending spree and have shelled out in excess of £120m this summer. They bought Liam Delap from Ipswich Town for £30m after activating his release clause. The Blues are also on the verge of signing winger Jamie Gittens from Borussia Dortmund. Gittens will sign a seven-year contract at Chelsea after completing his medical. The 20-year-old is set to join the Blues for a fee of €65m (£55.5m). And now, Pedro is set to be their 3rd signing.