Chelsea are determined to land Atletico Madrid star Sergio Aguero.

The Daily Mail says Chelsea have made moves to secure the £45million signing of Aguero, only to be stunned by his wage demands.

After losing out to Real Madrid on the signing of Kaka, owner Roman Abramovich is determined to flex his muscles in the transfer market and has turned his attention to the explosive 21-year-old Argentina striker.

Intermediaries have held talks, but the two parties are haggling over wages. Aguero, who would smash the British record fee of £34m for Manchester City's Robinho, is demanding a salary of £6.5m a year after tax, which means Chelsea would have to pay him nearly £11m a season.

This astonishing figure is even more than the rumoured £200,000 a week Kaka will earn at Real Madrid in his six-year deal, worth around £10m a season.

The Stamford Bridge hierarchy believe Aguero's demands are too high, even for the latest diminutive Argentinian international to be hailed as the 'new Maradona'.