Chelsea are interested in snapping up Espanyol teenager Nico Melamed, but face stiff competition from the likes of Real Madrid, Barcelona and Bayern Munich, with the youngster attracting plenty of big-name attention.
The 18-year-old has made just one appearance for the Espanyol first team, coming on as a substitute in the Europa League in August in a 3-0 win over Luzern.
The midfielder has been appearing for Espanyol B this season, scoring seven goals in 26 appearances, and done enough to catch the eye of a string of European giants.
Melamed has a release clause of just €8m (£7.2m) and could prove to be something of a bargain for one of his suitors.
Sky Sports’ Gianluca de Marzio reports that Chelsea are ready to pay the release clause, but so are Real, Barca and Bayern so it will come down to which club can tempt the youngster the most to move away from Espanyol.
Melamed was born and raised in Barcelona, joining the Espanyol youth set-up in 2013, but through his Argentinian grandfather, can also represent the South American country.
He has been called up to the Spain under-19 side, but did not earn a full cap for his country.
His current contract at the club runs until 2023, although the club may be wanting to offer him a new deal with a higher release clause to ward off interest, or at least get a better return for their young star.
Espanyol have endured a shocking season so far in La Liga and sit bottom of the table during the coronavirus hiatus, six points adrift of safety.
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