Chelsea want £27 million cash for Michael Essien, it has been revealed.

DiarioSport says Real Madrid have been quoted the figure by Blues chief executive Peter Kenyon after making an inquiry about the Ghana international's availability.

Real sports chief Pedja Mijatovic sees Essien as an ideal replacement for Mahamadou Diarra, but is reluctant to go higher than £18 million for the midfielder. Mijatovic could include Diarra in Real's offer to convince Chelsea to sell.