Bayern Munich have publicly confirmed interest in Chelsea's Callum Hudson-Odoi, following a fourth bid of £35m for 18-year-old.
The offer meets Chelsea's valuation of Hudson-Odoi, Sky Sports Newsunderstands, and does not include a buy-back clause.
Hudson-Odoi is believed to have told Chelsea that he wants to leave Stamford Bridge and turned down their latest offer to commit to the club beyond the 18 months remaining on his current contract.
"All I can say about Callum Hudson-Odoi is that I think he's a good player and he's a player who we have a great interest in," Bayern sporting director Hasan Salihamidzic said on Wednesday.
"In my opinion, he's a player who would fit in well at our club. He's got unbelievable qualities.