Chelsea confirm signing of Brazil international Oscar
July 25, 2012 -- Updated 1937 GMT (0337 HKT)
Oscar made his international debut for Brazil in September 2011 and is part of their Olympic squad
- Premier League club Chelsea announce the signing of Brazilian international Oscar
- Oscar is currently on international duty with Brazil at the London Olympics
- The 20-year-old joins Chelsea from Brazilian club Internacional
(CNN) -- European Champions League winners Chelsea have announced the signing of Brazil international Oscar from Internacional.
The 21-year-old is currently on international duty with Brazil at the London Olympics and has joined the English Premier League club on a five-year deal.
Oscar, who has been compared to compatriot Kaka, came through the youth system at Sao Paulo and was part of the Brazil side that won the Under-17 World Championships in 2008.
He moved to Internacional in 2010 and made his debut for the national side in September 2011, having represented his country at every level from Under-15 upwards.
Fans welcome soccer in the Bronx
Didier Drogba welcomed to China
Champions League round up
Oscar's first international goal came in a 4-3 friendly defeat to South American rivals Argentina, played in the United States last month.
He is the third high profile signing of the close season by Chelsea, who secured their first ever European Champions League triumph last season.
Belgium international Eden Hazard joined the London club from French side Lille for a reported fee of $49 million, while Marko Marin was also signed from German side Werder Bremen.
The trio of attacking players will look to provide the ammunition for Spain striker Fernando Torres, after Chelsea stalwart Didier Drogba left the club for China.
Midfielder Frank Lampard, who has been at Chelsea since 2001, said the club's close season business will add fresh impetus to an experienced side, that also contains former England captain John Terry.
"Last year we proved to be a great team and a great unit in the second half of the season with what we achieved," he told the club's official website.
"This year maybe we are slightly different because we have more new young players coming in so there might not be the settled togetherness that we had on the pitch because we had been together a long time but there is an excitement about our team as well and that's probably the main difference.
"Everyone is trying to impress, and you never lose that in pre-season, there's not one manager I've met yet who will close the door on any player.
"We are all playing for our season at this stage trying to show Robbie that we are fit and ready regardless of last year. We have to perform at a high level to stay in the team because of the quality of the squad we have."
Chelsea begin their Premier League campaign on Sunday 18 August with an away game at Wigan Athletic.
Part of complete coverage on
July 31, 2014 -- Updated 1145 GMT (1945 HKT)
When celebrating an important anniversary, it's always good to look your best. At least that's theory for a Spanish football team's preseason tuxedo kit.
July 30, 2014 -- Updated 1103 GMT (1903 HKT)
While many top European clubs are targeting the U.S. market, French football is setting its sights on expanding into Asia -- with China playing a key role.
July 27, 2014 -- Updated 1229 GMT (2029 HKT)
Major League Soccer has snared another big name from England with former Chelsea star Frank Lampard committing his future to New York City FC.
July 23, 2014 -- Updated 1656 GMT (0056 HKT)
Europe's top clubs have booked a summer holiday to the U.S. -- but this is business not pleasure as they look to cash in on the World Cup afterglow.
July 22, 2014 -- Updated 1828 GMT (0228 HKT)
Former World Cup-winning captain Dunga is appointed coach of Brazil's national team for the second time, charged with restoring national pride.
July 22, 2014 -- Updated 1420 GMT (2220 HKT)
Colombia's World Cup star James Rodriguez continues Real Madrid's long tradition of signing "Galacticos."
July 21, 2014 -- Updated 1007 GMT (1807 HKT)
Germany's World Cup-winning captain Philipp Lahm has decided to go out at the top by announcing his retirement from international football.
The U.S. government recognizes Kosovo, as do most European states, but getting football's ruling bodies to play ball has proved harder.
June 4, 2014 -- Updated 1504 GMT (2304 HKT)
National heroes don't always belong to one country. Ask France's World Cup hero Patrick Vieira, who is rediscovering his roots.
CNN's John Sinnott on the quiet Cambridge graduate behind Liverpool's resurgent campaign.
May 30, 2014 -- Updated 1519 GMT (2319 HKT)
They are the dispossessed -- stateless, and unrecognized by football's ruling body. But these teams will still play at their own World Cup.
Louis van Gaal will be a perfect fit for Manchester United the club, business and brand, says CNN's Patrick Snell.
Today's five most popular stories