Chelsea's Jackson set for Bayern loan as Nkunku joins Milan

Chelsea striker Nicolas Jackson is set to join Bayern Munich on loan with an option to buy, while Christopher Nkunku has completed a £36m move to AC Milan.

France forward Nkunku, 27, has signed a five-year contract with the Serie A side to end his two-year stay at Stamford Bridge.

The Blues, meanwhile, will receive an initial loan fee of £13m (15m euros) for fellow attacker Jackson, while Bayern have a £56.2m (65m euro) purchase option for the Senegal international.

Jackson, 24, has already agreed a pre-contract with Bayern and has been given permission to travel to Germany to complete the move, while a sell-on clause has been included in the deal.

The sale of Nkunku, coupled with Jackson's impending departure, will further boost Chelsea's financial position.

The Blues have raised about £309m this summer from player sales, once add-ons are included, having spent about £277m on new signings.

Sales are important to Chelsea this summer because of Uefa sanctions - which included a fine of 31m euros (£26.7m)- to maintain a "positive transfer balance" in this window to register new signings for the Champions League.

Nkunku scored 18 goals and provided five assists in 62 matches for the Blues, having joined from RB Leipzig for about £52m in 2023.

He played a significant role in Chelsea winning the Club World Cup and Conference League last season.

Both Nkunku and Jackson signed for Chelsea in 2023, but have seen their opportunities limited by the arrivals of summer signings Joao Pedro, from Brighton, and Ipswich's Liam Delap.

Joao Pedro, 23, scored three goals for Chelsea at the Club World Cup and got off the mark in the Premier League with a goal in their 5-1 win at West Ham on Monday.

Delap, 22, also got on the scoresheet in the summer's Club World Cup and has featured in Chelsea's opening three games of the league season, but pulled up feeling his hamstring in Saturday's match at home to Fulham and was immediately substituted.

Jackson was a regular in the starting line-up in his two seasons at Chelsea, but has not played for the club since a substitute appearance in their semi-final victory over Fluminense in the Club World Cup in July.

The former Villarreal forward has a solid scoring record of 24 goals from 65 Premier League appearances.

But he has under-performed his expected goals total by seven over the past two years, the second-most of any player in the top flight.

A key factor has been his record in what Opta define as 'big chances'.

Jackson has scored just 18 of 61 such opportunities (29%), a relatively low conversion rate compared to other top forwards.

He was an unused substitute in Chelsea's victory over Paris St-Germain in the Club World Cup final and did not figure in either of their opening league games - a goalless draw at home to Crystal Palace and 5-1 victory at West Ham.

Chelsea went into Saturday's early game at home to west London rivals Fulham fourth in the table, on four points.