Chelsea have made an offer for Gremio youngster Gabriel Mec.
Radio Bandeirantes says Chelsea have tabled a €20m bid for the 16 year-old.
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The offer is broken up as €7m down plus a further €13m due in performance-based bonuses.
There is also speculation that Gremio could retain a 15 per cent stake in Mec's future transfer rights.
However, Gremio are demanding Chelsea go higher, with the Brazilians seeking a fee rising to €40m. Mec won't be able to move to London until he turns 18.