Chelsea agree £40m fee to sign top 24-year-old midfielder – report

Chelsea have agreed a fee of £40m to sign Alex Oxlade-Chamberlain from Arsenal, according to reports in the British media.

The Sun is reporting that the Blues have reached an agreement with the Gunners to bring the 24-year-old England international to Stamford Bridge.

However, the same story says that Liverpool have not given up hope of being able to lure Oxlade-Chamberlain to Anfield before the transfer window drops shut on Thursday night.

The story says that Oxlade-Chamberlain now has to discuss personal terms with Chelsea ahead of his proposed transfer across London.

The article also explains that Chelsea’s bid to sign Oxlade-Chamberlain is worth £35m up front, plus a further £5m in add-ons.

It is also claimed in the same report that Oxlade-Chamberlain, who has less than a year left on his Arsenal contract, rejected a new offer of a contract worth £180,000 to stay at The Emirates.

Chelsea have been linked with a host of players throughout the summer transfer window, but the Blues have so far only concluded four incoming deals.

The west London side have brought in Willy Caballero, Tiemoue Bakayoko, Alvaro Morata and Antonio Rudiger as Conte looks for his team to defend their Premier League title and also challenge for the Champions League.

More Breaking News:

As the transfer clock ticks down, up in Leicester another target for the Blues has handed in a transfer request to try and push a move through. Danny Drinkwater, who has been linked with a move to Stamford Bridge following Nemanja Matic`s departure, has tasted success and wants more.

Whilst not everyone`s cup of tea, he would be a solid addition to Antonio Conte`s current squad. The Express are this morning running the story. The deal would see the 27 year old link up with former midfield partner N`golo Kante, both of whom helped Leicester City lift the Premier League title two years ago.

Negotiations for the player have been on going all summer with the Foxes valuing Drinkwater`s service`s much higher than Chelsea are willing to pay. The fee wanted by the Midlands club is £40m, Chelsea are believed to be some way short of that.

Drinkwater`s now apparent desire to leave the football club may be the catalyst that finally seals the deal. Fair play to Drinkwater for wanting to further his football education under Antonio Conte and join a club that gives him a more than decent chance of winning medals.

Speaking overnight on Sky Sports – The Debate, pundit, Jamie Redknapp has been speaking about Drinkwater. The Daily have the key quotes.

“I think last year he was disappointing. The year before I thought he was fantastic and the relationship between him and Kante was brilliant. And I`m sure that Conte and Chelsea will have looked at that and thought: ‘He`d be a great acquisition. I can see exactly why they`d want him. I think he`s a good squad player. I think a few Chelsea fans might look down their nose at Danny Drinkwater. I think he`s a good player to have, good squad player.”

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