Chelsea are said to be finalizing the signing of a Brazilian teenager this week.
The Premier League giants have been pushing to sign the best young talent in South America this window.
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Per Globo in Brazil, Chelsea have an agreement with Gremio to sign Gabriel Merc.
The 16-year-old is barely a first team player, but has already impressed European scouts.
The attacking midfielder will cost £20.5 million and will sign a five-year contract with the Blues.
His deal will also have a club option to extend the contract by a further two years.