Chelsea interested in €130m transfer of Federico Valverde, move could depend on Lesley Ugochukwu (reliability: 3 stars)

Chelsea are keen on signing Federico Valverde from Real Madrid this summer, according to Spanish outlet El Nacional.

The Blues are prepared to offer €130 million for the midfielder who has recently turned down offers from Liverpool and Saudi Arabia.

However, the shocking move could depend on what Chelsea decide to do with Rennes midfielder Lesley Ugochukwu who is on the verge of signing.

If the Blues opt against sending the 19-year-old on loan, they could abandon their interest in Valverde and focus on bringing in Brighton's Moises Caicedo.