Chelsea will offer £32million to sign Real Madrid striker Alvaro Morata, Calciomercato.com has revealed.
The Spanish giants will exercise their buy-back option to bring the striker back but will then sell him during the summer transfer window.
Arsenal were rumoured to be very close to signing the youngster but have now turned their attention to England's Jamie Vardy.
Juventus are also interesting in sealing a permanent move for the 23-year-old but they don't have the financial resources to beat the Blues.
At the start of the month, Morata made it clear that he wants his future to be decided "as quickly as possible".
"Everything I say now will be taken one way or the other," Morata told Al Primer Toque.
"I said which player would not want to go to the best team in the world [Madrid], not that it's my wish or that I would.
"It's clear that everyone, every player, wants to go to play at Real Madrid but I think that if there isn't the space you need, it isn't the most appropriate thing.
"I hope this is all [taken care of] as quickly as possible. Honestly, I'm already tired of the subject of repurchase or not repurchase. I want to stop relying on others and only depend on myself. I hope it ends soon."