Bayern Munich are reportedly preparing to make a new £40m bid for Chelsea attacker Callum Hudson-Odoi.
The 18-year-old will see his current deal with Chelsea expire at the end of next season, but it is understood that the Blues have offered him a new deal in the region of £85,000 a week.
Hudson-Odoi has reportedly turned down his club's latest offer, however, as he seeks a move to Bayern.
Bayern's latest offer for the young Englishman is believed to have been £35m, but according to the Daily Mail, the German champions are now preparing a £40m offer with a view to completing the deal this month.
The same report has also claimed that RB Leipzig are also in the running, though, and the Bundesliga outfit have offered Chelsea the chance to include a buy-back clause in the deal.
Hudson-Odoi has only played 61 minutes of Premier League football for Chelsea this season.