More PSR manoeuvres? Chelsea sell youngster Omari Hutchinson to Ipswich before June 30 deadline as newly-promoted side shell out club-record fee

Chelsea had been worried about their compliance with the Premier League's Profit and Sustainability rules ahead of their June 30 deadline, and they were desperate to make sales to avoid any possibility of a points deduction for a potential breach. As such, they completed the sale of Hutchinson to Ipswich on the PSR deadline.

As per the BBC, Ipswich made the signing of Hutchinson for a reported club-record fee of £20 million ($25.3m) along with performance-based add-ons of £2.5m ($3.1m). Hutchinson was the main transfer target for the Tractor Boys following his outstanding season of 10 goals and 6 assists while on loan with Kieran McKenna's side.

Speaking to club media, McKenna said: "We’re so pleased to bring Omari back on a permanent basis.

"We think Omari is a fantastic player and person to have at the club for the long-term future. He has a hunger to improve and show that he can compete and thrive in the Premier League."

The youngster will now join up with Ipswich during their pre-season camp as he will look forward to making his mark in the Premier League this season.