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Chelsea prepare move for 24-year-old Valencia star with £89.5m release clause

According to the Spanish media outlets, Valencia defender Jose Gaya has reportedly emerged as a transfer target for Chelsea.

The Blues are currently serving a two-window transfer ban after breaking rules in relation to signing under-age players, and that suspension will also be in place for the January transfer window.

Frank Lampard’s side are said to be making plans for next summer, though, and according to Soccer Link, the Premier League outfit are eyeing a swoop for Gaya.

The 24-year-old, who is a five-time Spain international, has made 197 appearances for Valencia since debuting for the former La Liga champions in 2012.

The defender only signed a new long-term deal with Los Che last summer, and there is believed to be an £89.5m release clause in his contract.

However, the report claims that Chelsea are keen to sign Gaya as a replacement for Marcos Alonso, who has fallen behind Emerson Palmieri in the pecking order at the club.

Meanwhile, despite showing interest to sign Valencia man, the Blues left-back Emerson Palmieri is set to earn a new contract at the club after impressing manager Frank Lampard with his early-season form.

The Italy international has made the left-back spot his own this season, displacing Marcos Alonso, and starting all four league games so far this campaign.

The 25-year-old only started 10 Premier League games all last season, but has now secured a regular starting place thanks to some eye-catching performances.