Chelsea are preparing to sell Mateo Kovacic in the summer transfer window with Bayern Munich and Manchester City both interested in the midfielder, football.london understands.
The 29-year-old, who is valued at €30million (£26m) on CIES Football Observatory, has just over 12 months remaining on his contract at Stamford Bridge and Chelsea are keen to cash in instead of risking losing him on a free transfer next summer. Talks over an extension on his deal have never taken place, meaning Kovacic's four-and-a-half-year stay in west London is expected to come to an end in the summer.
Former Chelsea head coach Thomas Tuchel, who is now in charge at Bayern Munich, is interested in reuniting with Kovacic who thrived under the German during their time together at Stamford Bridge. Meanwhile, Man City boss Pep Guardiola is also said to be a huge admirer of the former Real Madrid midfielder, with the English champions also vying for his signature.