Chelsea to miss out on Osimhen, as striker accepts €13m contract

 Napoli striker, Victor Osimhen, is close to joining Paris Saint-Germain for €120million (£103m/$129m), in a blow to Chelsea’s transfer plans.

Several top clubs in Europe were eyeing a move for the Super Eagles striker this summer.

But according to Italian outlet Il Mattino, negotiations between Napoli and PSG are reaching an advanced stage for the player.

PSG are eager to outmanoeuvre rivals like Chelsea in the race for his signature.

The French side will pay Osimhen’s €120m release clause and offer him a four-year contract worth €13m (£11m/$14m) per season.

Chelsea’s financial constraints and the urgent need to comply with the Premier League’s Profit & Sustainability Regulations (PSR) forced them to pull out of the race.