Chelsea are out to beat Paris Saint-Germain to the signing of Sporting CP star Manuel Ugarte by matching his €60 million (£52m/$64m) release clause.
Chelsea have told the Portuguese side that they are willing to trigger the clause in the midfielder's contract, according to journalist Bruno Andrade.
Ugarte, 22, has enjoyed an impressive season with the Primeira Liga side, making 47 appearances in all competitions. He has caught the eye of Chelsea, PSG and Liverpool due to his performances since joining the Lisbon club in 2021.
Ugarte will have to choose between Chelsea and PSG, however, as the French side have also made it clear that they are willing to match Sporting's asking price, Correio da Manha reports, and he could commit to a five-year contract with the club.
Before they can confirm any new signings, Chelsea will take on Manchester United in the Premier League on Thursday before finishing off the season with a game against Newcastle on Sunday.