Chelsea have announced they have agreed terms to sign Fluminense full-back Wallace.
The Blues have long been linked with the £5million-rated 18-year-old, who will officially become their player when the transfer window opens but remain with the Brazilian club until the end of the season on loan.
Chelsea reportedly already owned a 40% stake in the player as part of the deal that took Deco to Fluminense in 2010 and his capture swells the number of Brazilians at Stamford Bridge to five.
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