Bayern Munich are reportedly not inclined to meet Chelsea's financial demands for one of their defenders.
With Vincent Kompany now at the helm, Bayern are pressing ahead with strengthening their squad ahead of the 2024-25 campaign.
Versatile Japan international Hiroki Ito has been signed from Stuttgart, but more defensive-minded players are expected to arrive at the Allianz Arena.
Over the past week, it has been widely claimed that Bayern are interested in securing a deal for Jonathan Tah, who has just helped Bayer Leverkusen to the Bundesliga title.
However, with the Germany international far from certain to leave the newly-crowned top-flight champions, Bayern have needed to identify an alternative.
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Bayern put off by Chelsea valuation on Colwill
Chelsea defender Levi Colwill is said to be that player with Bayern aware that the Blues may be open to sales this summer in a bid to boost their position with the Premier League's Profit and Sustainability Rules.
Recently, it was suggested that co-owners Todd Boehly and Clearlake Capital had no intention of cashing in on the England international, who is on a long-term contract.
According to Sky Sport Deutschland journalist Florian Plettenberg, Bayern are also not prepared to meet Chelsea's valuation of the academy graduate.
Plettenberg says that the transfer fee mentioned is "far too high" for Bayern and that there is unlikely to be any progress with a deal in the short term.
Colwill will allegedly remain on Bayern's shortlist for the time being with the player reportedly open to making the switch to the German giants.
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The 21-year-old's first full season at Chelsea can be described as a positive one given that he made 27 starts and five substitute outings in all competitions.
However, many of those appearances came from left-back, rather than his preferred central position, and he did not feature from March 2 due to injury.
Chelsea are now under a different head coach in Enzo Maresca who is expected to value the player's presence in the dressing room courtesy of his know-how of the club and physical attributes.
Colwill, though, will be eager to make an impression on his new boss, providing there is not an unforeseen breakthrough in negotiations between the clubs.
