Chelsea and Spain striker Fernando Torres will join AC Milan on a permanent deal on 5th January.
The thirty year old moved to the Serie A club on a two-year loan deal in August and will now make his move permanent.
Torres joined Chelsea from Liverpool for a then British record transfer fee of £50m in January 2011 which was later broken by United paying £59.7m for Di Maria.
Torres helped win the Champions League, Europa League and FA Cup while at Chelsea. A statement from the Chelsea Football Club read:
The striker moved to the San Siro on a two-year loan deal in August and on January 5 he will complete a permanent transfer to the Serie A side. Chelsea Football Club thanks Fernando for his service during the past four seasons and wishes him the very best for the future.
Fernando Torres has 85 goals to his name in the English Premier League which is one more than Cristiano Ronaldo and Carlos Tevez.
Reports suggest that Torres will be loaned out to his former club Atletico Madrid next month, with winger Alessio Cerci, 27, arriving from the Spanish side. According to Germán Burgos, assistant coach at Atlético de Madrid, the Spanish side are close to tying up a deal for Spain forward Fernando Torres to return to his boyhood club on loan.
Torres had left Atletico Madrid for Liverpool in 2007. He won the World Cup in 2010 and became European Champion with Spain twice.