Chelsea have done excellent business to sign Alvaro Morata for £70million, believes former Blues star Joe Cole.

The fee taking the Spanish striker to Stamford Bridge is a club-record deal, and while some have expressed concern about the huge figures being reported, Cole insists they may well have got Morata on the cheap.

“I think he’s a really good signing for them,” he told the Sports Bar on talkSPORT.

“I’ve not seen a great deal about him but he impresses you every time he plays. People keep saying he’s an old fashioned English centre forward but I don’t remember too many of them with the ability, power, pace, and technical ability of Morata.

“He’s obviously one of the best in the world. I think, in the market, £70million looks like a snip doesn’t it – as mad as it sounds.”