Barcelona are ‘hurt a lot’ after Chelsea reach transfer agreement with Independiente del Valle for Kendry Paez, according to Spanish media outlet Sport via Football365.

Barcelona were keen on signing the 15 year old Ecuador midfielder who turns 16 next month but lost out to Chelsea due to their financial troubles.

Chelsea have ‘reached a transfer agreement’ for around €20m, which is an extraordinary amount of money for someone who won’t be able to arrive at Stamford Bridge until he turns 18.