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Transfer news LIVE: Arsenal 'closing in' on third signing as Chelsea reach £33m agreement


Atletico Madrid have reached an ‘agreement in principle’ with Chelsea for Conor Gallagher, reports talkSPORT.

The La Liga outfit have struck a deal worth £33million plus add-ons for the midfielder.

Gallagher is yet to agree on personal terms with Atletico but is said to be interested by the project and working under Diego Simeone.

Chelsea had previously quoted £50m to their academy product’s suitors after he rejected a fresh three-year contract at Stamford Bridge – a proposal which he is said to have snubbed for the second time earlier this week.

Tottenham continue to monitor the situation of the midfielder though it remains to be seen whether they attempt to hijack the deal.

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