The 17-year-old has signed a three-and-a-half year contract with the Blues, moving back to the club he initial joined at eight years old before going on to represent Southampton.
Morgan’s performances in a Saints shirt have been good enough to see Chelsea bring him back to west London, after he scored 27 goals for the Under-16s last season and 13 more for the Under-18s.
Southampton boss Nathan Jones says it is sad for his club to lose the bright prospect, but he was not quite ready to feature in the first team and has taken another path.
‘Football is categorically different from when I came through, but the world has changed and people are in different places so it is wrong for me to comment on the motivations of young players or whoever it is,’ said Jones.
‘All I can say is that Jimmy was a great lad when he was here, when he trained with us you could see that he wasn’t ready for our first team yet so whatever decision they make around that is fine. I don’t think we should be making a big deal of it, we’ve got a fantastic academy and will produce players.
‘We’re sad to lose someone of his ability but it got to a point where we couldn’t keep him for whatever reason that is and I’m sure the club will be well compensated so we can go again and invest in someone else.
‘All I can reiterate is that there is a pathway here for players, and if they want to buy into that then they will be given an opportunity.’
One forward on the way out of Chelsea appears to be Pierre-Emerick Aubameyang, who has agreed a loan move to Los Angeles FC.
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