Chelsea have signed midfielder Nemanja Matic from MFK Kosice, according to the Slovakian club.
The 20-year-old, who has played youth football for Serbia, completed a switch to Stamford Bridge for 1.75million euros (£1.5million) on Monday, a statement said on www.mfkkosice.sk.
MSK president Blazej Podolak said: "At around five o'clock in the evening we signed the contract on the transfer. Matic goes for 1.75 million euros."
He added: "The success was down to the the fact that the money does not come in instalments, but immediately."
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