Bayern Munich are ready to make a new £40m bid for Callum Hudson-Odoi. RB Leipzig also joined the race for the Chelsea teenager offering £20m with an opportunity of a buy-back clause.
Chelsea do not want to lose Hudson-Odoi and have offered him a new deal, worth around £80,000 a week.
Bayern expect him to take over Arjen Robben's No 10 shirt and are unlikely to commit so much money to a teenager without expecting him to go straight into their first team, with Robben and Franck Ribery leaving in the summer.
Hudson-Odoi's contract runs out in June 2020, meaning his value will drop dramatically on Thursday when the transfer window closes.
The 18-year-old, who has 61 minutes in the Premier League so far this season started four games in the Europa League, FA Cup and in the Carabao Cup, a semi-final against Spurs.