Atletico told to pay £14m to complete deal for Chelsea star

Chelsea have placed a £14million price tag on out-of-favour ace Filipe Luis amid links that he is being targeted by his former club Atletico Madrid, according to reports from the Express.

The 29-year-old completed a move to Stamford Bridge last summer, but after failing to impress manager Jose Mourinho, his chances have been greatly limited.

He join the Blues for a fee of £15.8million and despite still having two years left on his current deal, the club is already considering his exit.

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However, the Premier League champions have told the La Liga giants that they must pay the desired fee if they want to sign the left-back for the upcoming campaign.

Luis was limited to only nine league starts this past season and with Cesar Azpilicueta regarded as the first choice selection, it is unlikely that he will play a big role if he decides to stay.

Apart from the defender, Atletico are also said to be monitoring the situation of Blues ace Juan Cuadrado, who is also linked with an exit after failing to impress Mourinho last term.