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"Brighton are now preparing a new, record bid for Levi Colwill close to £40m to be submitted soon," Fabrizio Romano tweeted.
"Chelsea turned down £30m bid last week. Chelsea always had the same position: Colwill is part of long term project, no intention to sell him."
It was previously reported that the Seagulls had made a £30m bid which was rejected outright.
Colwill is considered one of the best young English defenders after his year-long spell with Brighton this season. He made 20 appearances for the Seagulls.
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