Breaking News: Cesc Fabregas Sign for Chelsea for £30m

Cesc Fabregas completed his move to Chelsea on Thursday claiming he has 'unfinished business' in the Premier League, with former club Arsenal deciding not to exercise their first-option agreement on the Spain midfielder.

It is believed Barcelona received £30million from Chelsea for the 27-year-old and Fabregas has signed a five-year deal at Stamford Bridge and to wear number 4 shirt for the blues.

Pleased to be back in the Premier League with Chelsea.

'I do feel that I have unfinished business in the Premier League and now is the right time for me to return,' he said in a statement.

'Yes, everyone knows that Arsenal had the first option to sign me.

'They decided not to take this option and therefore it wasn't meant to be. I wish them well in the future.

'I considered all the other offers very carefully and I firmly believe that Chelsea is the best choice.

'They match my footballing ambitions with their hunger and desire to win trophies. They have an amazing squad of players and an incredible manager. I am fully committed to this team and I can't wait to start playing.

'It was extremely important to me that this transfer was completed before the World Cup so that my mind will only be focused on hopefully helping my country try to retain the trophy.'

The signing will be seen as perfect timing for Chelsea following the end of Frank Lampard's long affiliation with the club and he becomes the first addition to Jose Mourinho's squad as the Portuguese looks to improve on last year's trophyless campaign.