As noted by The Times, Chelsea cannot register new players for next season’s Champions League squad unless they balance out the squad costs from “List A”, which is the last squad registered with UEFA for the second half of the Conference League campaign. The rule means any spending on new players must be balanced out by income from sales.

According to The Telegraph, Chelsea are looking for a fee in excess of £50m. Reports earlier suggested that we might take £40m, but this latest story makes it pretty clear that we (probably) would not.