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Porto defender Paulo Ferreira has confirmed he is to become Jose Mourinho’s first signing at Chelsea.

The right-back, 25, will move to Stamford Bridge in a deal worth £13.5m.

“It is a lot of money for a defender, there is no doubt about that,” Ferreira told Portuguese newspaper 24Horas.

“Of course I am extremely satisfied.

“Only those who watch me play and who know me can say £13.5m is justified.”

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