Chelsea have ordered Atletico Madrid to pay £50m for a permanent move for 26-year-old striker Alvaro Morata or they will recall him from loan.

Atletico Madrid are in advanced talks to sign Chelsea's Spain striker Alvaro Morata, 26, who is valued at £45m

Alvaro Morata is willing to take a pay cut to join Atletico Madrid, who will need to sell another player to bring in the former Real Madrid striker.

Barcelona manager Ernesto Valverde says Chelsea and Spain striker Alvaro Morata, 26, is a "great player" and that the La Liga club have "have a space" in their squad

Atletico Madrid have joined the race to sign Chelsea and Spain striker Alvaro Morata, 26, on loan. Morata has been linked with a move to Sevilla.