Chelsea must pay £40 million if they are to capture Porto forward Hulk, according to Mirror Football.
The west London club are eager to land a new striker to replace outgoing Didier Drogba, and have identified the Brazil international as a potential summer signing.
The Blues are thought to have already offered £30 million for the South American marksman, but Porto are demanding more.
The Portuguese champions are said to be frustrated at the Premier League side’s poaching of head coach Andre Villas Boas last summer, and constant links for their players.
With an extortionate release clause in Hulk’s contract, and having watched Roman Abramovich splash the cash on Eden Hazard, Marko Marin and Kevin De Bruyne this summer, Porto are looking to get the best possible price for the star man.
As yet there is no news on whether Chelsea are willing to pay this price, as a fee is all that is believed to be holding the transfer back from being completed.
By Gareth McKnight