Chelsea and FC Augsburg reach agreement for Baba Rahman

The dust that came up with Chelsea's performance against Swansea is finally settling and as we evaluate our strengths and weaknesses from the match, the club is making moves in the transfer window to finally reinforce a position of need which should have been addressed a bit earlier if you ask me.

According to Gianluca DiMarzio, Chelsea and Augsburg have agreed terms regarding left-back Baba Rahman's transfer fee, also giving the details of terms agreed between the club and the player in the report.

"The operation was concluded with a initial transfer fee of €20 million, plus €5 million included in bonuses; in addition, every 20 appearances from Rahman will add another €1 million to his fee and after reaching 100 appearances another €5 million will be added. The player will get a five-year contract of €3 million net per season."

Source: GianlucaDiMarzio.com

We can conclude that Baba Rahman's transfer fee starts at €20 million -- roughly £14 million at current exchange rates -- with the potential to reach €35 million -- about £24.5 million. His €3 million per year contract amounts to €60,000 per week -- or £42,000. Whether it is a net figure* or not, it still is a lot of money for a 21-year-old player coming from a small Bundesliga team.

*If the figures are in net value, Baba Rahman's yearly wages would amount to €5.45 million per year or €109,000 per week -- nearly £76,000.

But given the urgency of Rahman's transfer, one could argue that this is the way the market plays out. Had Chelsea kept Filipe Luis around for a week or two to give themselves more leverage in the talks -- and an alternative if the deal fell through -- we could have had Baba Rahman for cheaper. But for now, let's just wait for the deal to be made official.