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Southampton set their price for Graziano Pellé - report

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Italian striker Graziano Pellè is in high demand following his performances with the national team at Euro 2016, and while Southampton are looking to sell, they will not let him for cheap. According to the Daily Mail, the Saints want £16 million for the 30-year-old, who has one year left on his contract with the club.

Chelsea are one several clubs believed to be interested in Pellè, and face competition from Everton, AC Milan and Chinese club Shanghai Shenhua for his services. Chelsea are supposedly willing to go as high as £12 million for the player whom we see as a "financially sound option" in comparison to primary target Álvaro Morata, who moved to Real Madrid on a £23 million buy-back clause from Juventus.  Per standard practice, Chelsea's would only offer Pellè a one-year contract, with an option to extend for another year.

Last season, Pellè provided 11 goals and 6 assists in 30 Premier League appearances for Southampton, mostly as a lone forward. At the Euros, he showed prowess in his role as one half of Italy's striking duo, alongside Italian-Brazilian striker Éder.

Chelsea might face some difficulty in convincing Pellè to join the club on a short-term deal, but perhaps the prospect of continuing his affiliation with manager Antonio Conte and the chance of competing for silverware would be enough for him to choose Stamford Bridge instead of other options.