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Xherdan Shaqiri leaves Lyon for Chicago Fire on Designated Player deal through 2024

The Chicago Fire announced on Wednesday that they have completed the transfer of Lyon and Switzerland international midfielder Xherdan Shaqiri, and signed him to a Designated Player contract.

Terms of the deal weren't disclosed, but one source with knowledge of the transaction said that the Fire paid a transfer free of around $7.5 million.

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"We're extremely pleased to formally welcome Xherdan Shaqiri to the Fire," said Chicago sporting director Georg Heitz.