Chelsea are set to receive around £130million in transfer fees this month, according to Daily Mail.

Chelsea need to raise funds, slash the wage bill and trim the size of the squad this summer after spending around £600million in the last two transfer windows.

Five outgoings worth a combined £130million are set to be completed before June 30, allowing the transfers to be factored into the current year’s financial accounts, a period in which Chelsea have splashed out around £600m on transfer fees.

Chelsea have agreed a £65million deal with Arsenal for the transfer of Kai Havertz who has already agreed personal terms with Arsenal.

Mateo Kovacic is set to join Manchester City after the Blues agreed a £30million deal with Pep Guardiola’s side for the transfer.

Hakim Ziyech, who joined Chelsea for just over £33million in 2020, has agreed a move to Cristiano Ronaldo’s Al-Nassr for a fee of around £8million.

A year after moving to Stamford Bridge from Napoli for £33million, defender Kalidou Koulibaly is poised to join Al-Hilal for a fee in excess of £15million.

Edouard Mendy, a £22million signing from Rennes in 2020, is set to join Al-Ahli. Mendy is understood to have been valued at least £10million.

N’Golo Kante has completed a free transfer to Saudi club Al Ittihad after seven years at Stamford Bridge.