adminfee, believed to match the £7,5m release clause in his contract at Newcastle.
The striker, who scored 29 goals in 54 league appearances during his time on Tyneside, will wear the No 29 shirt at Stamford Bridge.
He told the Chelsea website: “It feels good to be here, I’m very happy and very proud.
“It was important for me, and for Newcastle, to get my future sorted and now we can move on.
“Now they have the whole month to buy someone and for me as well, the sooner the better. Now I am here I just need to get settled in.
“When the club who won the Champions League wants you, the decision is very easy.
“This club is massive and that’s something that helped the decision a lot. It was not a hard one.”
Meanwhile, Roberto Mancini has dismissed his training-ground altercation with Mario Balotelli as “nothing special”.
The Manchester City manager was pictured angrily confronting his striker during training on Thursday, raising new questions over Balotelli’s future at the club.
But Mancini told a press conference Balotelli will not face disciplinary action and the incident will not spell the end of the 22-year-old’s Eastlands career.
He said: “We were playing a game and Mario kicked his team-mate. I told him to leave the pitch, he said ‘no’, and I took his shirt and pushed him from the pitch. That is what really happened — nothing special, no fight.
“These are things that can happen, usually between players. This was different because I wanted him to leave the pitch for what he did against another player.”
Asked whether he would now look to sell Balotelli, Mancini said: “No, no, no, no. This is not important — it doesn’t change my thoughts on this.
“I will give him another 100 chances if possible, if I think he can change. I am here for this. Sometimes I am upset with him, but I give him another chance, sure. He is 22 and he can make a mistake.” — Sky Sports.
Online Reporter