Chelsea have set their price for unsettled striker Alvaro Morata.

Sky Italia says Chelsea have told AC Milan to stump up £62million if they want Morata.

Negotiations between the Serie A giants and the Blues got underway on Wednesday.

Milan's new sporting director Leonardo is already believed to have had a number of telephone conversations with Chelsea over a deal for the Spaniard.

And his pursuit is boosted by the fact the ex-Juventus star wants to return to Italy where his pregnant wife, Alice Campello, is from.

However, the two sides are still way apart in their valuations.