Chelsea budget set for clarity as Todd Boehly stubbornness causes 'transfer summit'

Chelsea look set to accept a sizeable loss on the then-club-record £98million they splurged to bring Romelu Lukaku back to Stamford Bridge in 2021. Todd Boehly's resistance to a second successive loan has reportedly led to an imminent 'transfer summit' between the Blues and Inter Milan.

Lukaku returned to the San Siro last summer after struggling to impress in his first season back at Chelsea.

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The report states that Inter are optimistic they can seal Lukaku's services for less than Chelsea's £38m valuation, with a deal worth between £26m and £34m being eyed.

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Chelsea have made a productive start to the summer transfer window in terms of outgoings, heavily utilising Saudi Arabia's relentless hunt for Europe's high-profile names.