Christian Pulisic became the most expensive American soccer player in history after completing a transfer to English club Chelsea from Borussia Dortmund on Wednesday.

Chelsea paid 64 million euros ($73 million) for the 20-year-old United States winger, who will be loaned back to Dortmund for the rest of this season. The German club won’t have to pay Chelsea for the loan.

The fee is easily the biggest paid for an American player, surpassing the reported 20 million euros ($22.5 million) spent by German team Wolfsburg for John Brooks in 2017.

“It was always Christian’s big dream to play in the Premier League,” Dortmund sporting director Michael Zorc said. “That certainly has to do with his American origins, and so it wasn’t possible for us to extend his contract.”

The Hershey, Pennsylvania-native’s contract with Dortmund was due to expire at the end of next season.

“It is a privilege to have signed for such a legendary club,” Pulisic said of the London team that has won five Premier League titles since 2005. He thanked Dortmund for “finding a solution that was win-win for everyone.”

Pulisic had long been linked with a move to a Premier League club, while Dortmund’s league rival Bayern Munich was also reportedly interested.

Despite the price tag, the signing could be somewhat of a coup for Chelsea if it helps the club establish a larger American fan base.

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