The seven-year deal certainly puts Chelsea in a position of strength which had been lacking with outgoing Courtois.
Chelsea's big business had been completed on Wednesday night as Kepa Arrizabalaga had been signed from Athletic Bilbao to replace Courtois, with the fee of £72.1m a world record for a goalkeeper. As the part of the contract, Mateo Kovacic, midfielder of the Spanish powerhouse, will join the blues on a season-long loan.
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The record transfer fee for the position has been smashed twice in three weeks after Kepa moved to London from Athletic Bilbao in the wake of Liverpool paying £65million to Roma for Alisson Becker.
Courtois, 26, signed for Madrid from Chelsea on Wednesday for a reported 35 million euros after winning two Premier League titles as well as the FA Cup and League Cup in England.
With just two days left to sign a replacement, Chelsea must act fast and they have made a quick, significant move for a new number one.
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The defensive midfield roles will be spliced up between new boy Fabinho, Gini Wijnaldum, James Milner and Jordan Henderson, with Adam Lallana's return from injury offering additional options.
Belgium worldwide Courtois, 26, has yet to return to training and is linked with a move to Real Madrid. With these few words I would like to express my heartfelt gratitude for the four fantastic years that have passed.
"I arrived at Chelsea with [Petr] Cech there, and I ended up being first choice". In terms of the price, it's something I don't think about.
This sort of situation is also not new for the Belgian who already had to face ousting another exceptionally talented keeper, Peter Cech. "I've improved a lot and I've come here to be the best I can".
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"I want to thank Athletic for the love and respect they have instilled in me during these years and I'll always take that with me". I hope you will be very happy with them, with your children, Adriana and Nicolas.