Chelsea are reported to have turned down an offer for Callum Hudson-Odoi from Bayern Munich that could be worth £70million.
The 19-year-old made his first Premier League start since February as Chelsea thumped Crystal Palace 4-0 at Stamford Bridge on Saturday.
Afterwards, Frank Lampard discussed the possibility of late transfer activity involving Hudson-Odoi. Then it emerged that Bayern have made an approach for a player they desperately wanted last summer.
The Guardian reports that Bayern have made an offer to take Hudson-Odoi on loan for the season with an option to buy for £70million next summer.
That offer has been rejected, but it is said that Chelsea will respond more favourably to another bid that includes an obligation to make the loan a permanent deal.