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Oscar completes Chelsea move

Chelsea announced on Wednesday that the club has completed the signing of midfielder Oscar from Internacional.

There have been no details released in regards to the transfer fee or contract, but reports have indicated that a fee of nearly $40 million would be required for the services of the young Brazilian.

Oscar is currently taking part in the 2012 Summer Olympic tournament with Brazil, and he becomes the fourth new signing at Stamford Bridge this summer, joining Marko Marin and brothers Eden and Thorgan Hazard.

The 20-year-old is regarded as one of the top young midfielders in the game with a big future, and he has netted 19 goals in 64 matches in all competitions the past two years for Internacional.