Bayern Munich are in talks with Chelsea over a deal to sign Callum Hudson-Odoi on a season-long loan, according to Sky Germany.
The proposed offer is a loan plus an obligation to buy Hudson-Odoi on a permanent deal in summer 2021.
Sky Germany say the England U21 international winger could seal the move by the October 5 transfer deadline, following a breakthrough in talks between the two clubs.
Hudson-Odoi played the full match for Chelsea in their defeat to Tottenham on penalties in the Carabao Cup earlier this week, and has made four appearances in all competitions so far this term.
He also scored Chelsea’s second goal as Frank Lampard’s side came back from 3-0 down to draw 3-3 with West Brom on September 26.
Hudson-Odoi remains under contract at Stamford Bridge until 2024.
Bayern’s interest in the highly-rated winger is longstanding.
The Bavarian club made the winger a key target during the January transfer window last year when they offered Chelsea £30m for his services, and rejected a fourth bid worth around £22.5m in summer 2019.
Hudson-Odoi came through the youth ranks at Chelsea and has scored nine goals and made 11 assists in 65 appearances in all competitions for the Blues since his debut in 2018.
Following the arrivals of Hakim Ziyech, Timo Werner and Kai Havertz at Stamford Bridge during the summer window, competition for attacking places in Lampard’s starting XI is fierce this season.
Willian has joined Arsenal on a free transfer, while Ross Barkley has signed for Aston Villa on loan for the 2020/21 campaign.
Meanwhile, Bayern, who signed Leroy Sane for £54.8m from Manchester City earlier in the summer, and are in the market for another wideman, and also remain interested in Brighton full-back Tariq Lamptey.