The 22-year-old joins on a season-long loan with a mandatory purchase obligation, and Palace officially confirmed the signing on Tuesday, September 1, after the Premier League granted special dispensation to close the paperwork past the end of the English window.

The fixed component is worth €28m and can rise to €32m through add-ons, according to tipsbladet, which broke the story of the Danish record. The outlet puts the previous benchmark at Nordsjælland’s sale of Ghanaian midfielder Caleb Yirenkyi at €27m fixed plus €3m in bonuses.

The transfer is structured as a €2m loan fee and a €26m mandatory obligation to buy, with a further €4m tied to performance triggers, The Hard Tackle reports. FC Midtjylland also keep a sell-on clause once the permanent transfer is activated.

Osorio welcomes Premier League move

“A new chapter begins. From Chile to south London. A new shirt, a new team, a new home. Now it starts. Come on, Eagles,” Osorio wrote on social media.

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“I’m so excited to be here. Playing in the Premier League is a dream I’ve had since I was a kid, and I can’t wait to get out on the pitch and play,” he added.

121 games and 25 goals at Midtjylland

Osorio arrived at FC Midtjylland from Universidad de Chile in 2023 and became one of the Superliga’s most productive wide attackers. He made 121 appearances for the club, scoring 25 goals and adding 18 assists, and won a Danish league title and a cup during his three seasons there.

Head coach Pierre Sage adds a wide option for a Palace attack that has scored only once in its opening two Premier League matches. The Hard Tackle reports that Ismaila Sarr’s uncertain future was one of the reasons the club pushed to widen its options on the flanks.

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