Chelsea are reportedly prepared to pay £120m for Borussia Dortmund attacker Jadon Sancho.
The 19-year-old is widely expected to leave Dortmund during this summer's transfer window, and Manchester United continue to be credited with an interest in his services.
Chelsea are also believed to be firmly in the hunt, though, and according to the Evening Standard, the Blues are prepared to meet Dortmund's £120m asking price for the England international.
Sancho, who turned down a new deal at Manchester City to join BVB in 2017, has scored 17 times and registered 19 assists in 35 appearances at club level during the 2019-20 campaign.
Liverpool, Barcelona and Real Madrid have also previously been credited with an interest, although it appears that Chelsea and United are leading the race for his signature.
Frank Lampard's side have already secured a deal for Hakim Ziyech ahead of the 2020-21 campaign but are expected to spend heavily in the next window having been banned from making new signings last summer.