Chelsea's €60m Morata bid rejected

Real Madrid have rejected Chelsea's first offer of €60 million for striker Alvaro Morata, according to Marca.

The Blues are desperate to land the Spain international this summer after he rejoined Los Blancos following two seasons with Juventus.

And the player's agent, Juanma Lopez, has been in the offices at Santiago Bernabeu trying to broker a deal that would see his client move to Stamford Bridge.

Madrid, however, are holding out for a fee of €75m as they look to make a substantial profit on the 23-year-old.