By Amir Mir

Real Madrid have slapped a £60million price tag Alvaro Morata after Chelsea tabled a bid for the highly-rated striker, according to a report.

Spanish outlet Marca claim that Premier League club Chelsea have offered £51million for the Spain international, which is £9million below Real’s valuation.

It is said that Morata’s agent was in Spain on Friday to try and close off a deal with the London club but their offer was rejected by Madrid.

As reported by Football Insider, Chelsea are not the only London club linked with the 23-year-old as Arsenal are also keen to bring the forward to Emirates Stadium.

Arsene Wenger is in the market for a new striker after losing Danny Welbeck to injury for most of next season and failing in a bid to lure Jamie Vardy from Leicester.

New Blues manager Antonio Conte surprised many by taking his home country to the quarter-finals of Euro 2016, before narrowly being beaten by Germany on penalties.

It is reported that the Italian spoke with the youngster in France in a bid to lure him to Stamford Bridge as he begins his first managerial outing in English football.

The new Chelsea boss has already been busy in the transfer market after signing Marseille striker Michy Batshuayi on a five-year deal as he prepares for the forthcoming Premier League season.

In other Chelsea news, long-serving Chelsea chief makes bold statement about former West Ham boss comparing him with Bayern Munich manager Carlo Ancelotti.