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.