Chelsea are willing to cash in on Shaun Wright-Phillips, it has been revealed.

The Independent says Wright-Phillips has been told that he can leave Chelsea with Portsmouth the closest to agreeing a fee for the England international.

Having signed in 2005 for £24m, his amortised value on Chelsea's accounts - which depreciates over the length of his contract - is understood to be around the £10m mark. Chelsea would want that kind of fee for the player.