Chelsea have accepted a bid from Atletico Madrid for Conor Gallagher, who is in the final year of his contract, to avoid losing him for nothing next summer.
Atletico's offer for Gallagher is around 40m, falling short of Chelsea's initial 50m expectation, but any amount earned will be pure profit as he is a product of Chelsea's academy.
Conor Gallagher must decide whether to move to Atletico Madrid or stay at Chelsea, with the uncertainty stemming from the clash of his requirements with the transfer conditions.
Arsenal have made a 30m bid for Mikel Merino from Real Sociedad, aiming to fend off interest from Barcelona in the Spanish midfielder to make him Arteta's third significant summer signing.
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