According to The Telegraph, Chelsea are looking for a fee in excess of £50m. Reports earlier suggested that we might take £40m, but this latest story makes it pretty clear that we (probably) would not.

Chelsea are expecting offers of more than £50m for 23-year-old England forward Noni Madueke, who has agreed personal terms with Arsenal over a move. (Telegraph - subscription required)

Chelsea are anticipating bids of at least £50m for winger Noni Madueke as Arsenal ramp up their pursuit of the England international, according to a report. The Gunners appear to have settled on the former PSV Eindhoven and Tottenham Hotspur youngster as their number one wide target and have supposedly agreed a five-year contract with the player.