Chelsea will carry on their summer spending spree after Alvaro Morata completes his club record move from Real Madrid.

Morata has passed his medical and will sign a five-year contract worth £170,000 a week with the deal costing Chelsea £58m initially, potentially rising to £70m with add-ons.

The Spain forward’s arrival will mean Chelsea have spent £132m during the close season with arrivals including Antonio Rudiger (£34m) and Tiemoue Bakayoko (£40m).

But the Blues are still keen to strengthen with five players having left this summer, while Diego Costa and Nemanja Matic are in talks with Atletico Madrid and Juventus respectively.

Antonio Conte still has a fortune to spend with the club already receiving more than £130m from player sales in 2017, while Costa and Matic’s departures could raise another £80m.

Chelsea earned £150.8m in TV prize money from winning the League last season and the £60m-a-year kit deal with Nike has just begun.

Standard Sport understands Chelsea are looking to strengthen at wing back, central midfield and in attack. They want Swansea forward Fernando Llorente to act as back-up to Morata and it is believed he wants the move.

However, Chelsea will find it tough to persuade Swansea to sell, just as they did when coach Antonio Conte wanted him in January.

Their search for a wing back has hit a stumbling block with Juventus raising the fee for Alex Sandro - they value the player at around £65m - and intimate he will not be sold now Leonardo Bonucci has joined AC Milan.

Manchester City have staged a late bid to beat them to Real Madrid full-back Danilo, although the Blues are threatening to do the same to Pep Guardiloa’s side for Benjamin Mendy.

Monaco have rejected City’s offer of £44.5m because they rate him higher than Kyle Walker, who has moved to the Etihad Stadium for £50m. Chelsea were willing to spend £60m on Sandro so the fee will not put them off.

Morata will join them for the next leg of their pre-season tour in Singapore, where he could make his debut against Bayern Munich or Inter Milan.