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According to Spanish media outlet Mundo Deportivo via CaughtOffside, Chelsea are ready to pay the €70million Real Madrid are demanding for the transfer of France international Raphael Varane.
Chelsea boss Thomas Tuchel reportedly sees Varane as an upgrade on his defensive options at Chelsea.
The 28-year-old is nearing the final year of his contract at the Bernabeu and Real Madrid are open to selling him this summer to avoid losing him for free with the defender stalling on signing a new contract.
Premier League rival Manchester United and French club Paris Saint-Germain are also reportedly interested in signing the defender.