The long-running transfer saga involving Victor Osimhen and Chelsea has finally reached a conclusion, bringing clarity to weeks of speculation. Despite reports suggesting a potential £63 million move, sources close to the negotiation have confirmed that Chelsea will not be signing the Nigerian striker this summer.

Osimhen, who has been a standout performer for Napoli, had been heavily linked with a Premier League switch, with Chelsea reportedly leading the race. However, after internal evaluations and discussions over financial constraints and squad priorities, the London club has decided not to proceed with the deal.

Napoli had given the green light to begin negotiations earlier in the window, but Chelsea’s hesitancy and shifting focus toward other attacking options ultimately ended the pursuit.

The decision ends one of the window's most talked-about transfer rumors and leaves Osimhen’s future still uncertain, with other European giants reportedly monitoring his situation.