Chelsea will pay 30 million euros ($33.54 million) for the player, three of which will be based on performance, the Spanish champions said on their website.
Factbox on Spain striker David Villa, who joined Barcelona from Valencia for 40 million euros on Wednesday.
Bracelona's main attractions are Lionel Messi and Neymar. But their gorgeous girlfriends Antonella Roccuzzo and Bruna Marquezine give men ample of reasons to watch Barcelona matches closely!
Araujo to miss Uruguay friendlies due to thigh injury
Barcelona reached an agreement to sign Iceland striker Eidur Gudjohnsen on a four-year deal from Chelsea.
Double strikes by Thierry Henry and Lionel Messi powered a rampant Barcelona to a 6-2 thrashing of champions Real Madrid in a spectacular Primera Liga clash.
The Spanish champions came back from a goal down to beat 10-man Arsenal 2-1 and win their second European Cup.
The Catalans will not just be looking to extend their domestic hegemony, though, as they have spent a combined 250 million euros ($280 million) on a renewed bid to win the Champions League.
Real Madrid face Olympique Lyon, Dynamo Kiev and Steaua Bucharest in Group E of the Champions League.
Real Madrid's Jude Bellingham again proved the match-winner as he struck in added time to snatch a 2-1 victory over Getafe as the Spanish giants made their home debut in La Liga this season.
Leading striker Samuel Eto'o will also miss the Champions League Group C match at Udinese because of a bruised ankle.
Barcelona signed Arsenal's Belgium international defender Thomas Vermaelen on a five-year contract on Sunday.
A 3-0 victory took Barcelona to the top of the Primera Liga.
Barcelona stand between Chelsea and a second successive appearance in an all-English Champions League final. Manchester United, who beat Chelsea on penalties in last year's final in Moscow, take a 1-0 advantage to Arsenal on Tuesday in the other semi-final.
A lacklustre Barcelona squandered the chance to go top of La Liga after crashing to a shock 1-0 home defeat by Malaga on Saturday.
Barcelona were knocked out of the King's Cup after Zaragoza registered a 5-4 aggregate victory.
Uruguay forward Luis Suarez's four-month playing ban for biting Italy defender Giorgio Chiellini has been upheld by the Court of Arbitration for Sport (CAS) although he will be allowed train with his new club Barcelona.
Arsenal sailed through the Europa League group stages, winning five of their six group matches and take on Sporting next, who overcame Denmark's FC Midtjylland in their playoff.
Lionel Messi's ankle injury has ruled him out of Barcelona's league derby with Espanyol on Saturday, and makes him doubtful for their opening game of the Club World Cup, the European champions said on Thursday. The Argentina international twisted his right ankle in Barca's 2-1 Champions League victory away to Dynamo Kiev on Wednesday.
Recent episodes of vomiting suffered by Barcelona forward Lionel Messi are 'not normal' but they do not affect his performance and there is no cause for alarm, coach Gerardo Martino said on Friday.
Although the prosecutor has argued Lionel Messi should not have to answer the charges as his father oversaw his finances, a court document published on Thursday showed the judge in the case had ruled he must still appear as a defendant.
Qatar's Al Sadd want FIFA to let them field a team of 16 players when they face European kings Barcelona in Thursday's Club World Cup semi-final in Japan.
Barcelona beat Benfica 2-0 in the second leg quarter-final, while Arsenal went through on a 2-0 aggregate after their second leg with Juventus ended goalless.
Griezmann goal earns Atletico first win of season
Barcelona's grip on top spot in the Primera Liga was strengthened when Real Madrid were held goalless by Real Betis and Valencia lost 2-1 to Racing Santander.
Barcelona have won all six competitions they have contested since Pep Guardiola took charge 18 months ago but the 38-year-old coach has yet to reveal whether he will extend his contract beyond this season.
News of all that's transpired on and off the football field
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