Oscar's Chelsea career is over after the club announced that the attacking midfielder is set to complete his January switch to Shanghai SIPG.
The Blues confirmed the news on their official website on Friday morning, and revealed that terms had been agreed between Oscar, themselves and the Chinese Super League side after weeks of speculation.
The reported transfer fee of £60m was not disclosed in the club's statement.
The Brazil international will link up with former Chelsea boss Andre Villas-Boas at SIPG after the Portuguese boss took charge following the sacking of Sven-Goran Eriksson in November.
Oscar will join the likes of Ramires and a host of other players who have made the switch from the EPL to the Chinese super league. It is still relatively unclear if Mikel Obi will follow suit.
Oscar made over 200 appearances for Chelsea during his five-and-a-half year career at Stamford Bridge, and won one Premier League League title, a League Cup and the Europa League with the Londoners during that time.
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