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Chelsea made an opening offer for Montpellier striker Elye Wahi, Ligue 1 club president Laurent Nicollin told Midi Libre. However, the bid was rejected.
"The amount offered didn’t meet our expectations," Nicollin said about the reported €25m bid.
Chelsea's plan was to loan Wahi immediately to Strasbourg which may not be the striker's preferred option. Atletico Madrid are also rumoured to be in the race for the 20-year-old.
Last season, Wahi scored 19 goals in 33 league games for Montpellier. One of the goals he scored won the Ligue 1 Goal of the Year award.
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