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.

Chelsea are anticipating bids of at least £50m for winger Noni Madueke as Arsenal ramp up their pursuit of the England international, according to a report. The Gunners appear to have settled on the former PSV Eindhoven and Tottenham Hotspur youngster as their number one wide target and have supposedly agreed a five-year contract with the player.

Arsenal have agreed personal terms with Noni Madueke as they consider making an approach to Chelsea for the winger. Madueke, 23, has given his green light to the move but there have been no club-to-club talks yet.