Chelsea round-up: Fee agreed with Arsenal; Drinkwater talks continue; Llorente bid imminent

Chelsea are closing in on a late transfer window signing as Sky Sports claim that the Blues have reached an agreement with Arsenal for the transfer of Alex Oxlade-Chamberlain. The fee is in the region of £35 million, despite the fact that the England international’s contract at the Emirates is set to expire in only 10 months time.

Oxlade-Chamberlain will add some much needed homegrown talent to the Chelsea squad and will also add depth. Capable of playing as a winger, a central midfielder, or, most likely, as a wing-back on either flank, he can add cover and competition in a number of positions in the Chelsea squad.

The Telegraph believe that another homegrown player may be on his way to Stamford Bridge, with negotiations continuing over a potential move for Danny Drinkwater to London. Chelsea may, however, have to pay more than their initial valuation of £30 million as Leicester City refuse to budge.

The Foxes want £40 million for the midfielder and are driving a hard bargain. Drinkwater is currently out injured, but he is believed to be keen on making a move to join Antonio Conte. With only a few days left until Thursday’s 11pm deadline, the two clubs may have to move quickly if a deal is to be sealed.

There could be a third signing completed this week too, as the Independent say that Chelsea may make a last minute bid for Swansea centre forward Fernando Llorente. Conte reportedly sees the striker as a potential option as back-up to Alvaro Morata, as he was at Juventus under the Italian previously.

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Swansea are hoping to receive £30 million for the 32-year-old, but again Chelsea’s valuation is much lower as the Blues want to complete a deal for £20 million or less. Given his age and the fact that he is in the final year of his contract, there may be room for the reigning Premier League champions to negotiate.

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