Chelsea insist they haven't cut loose Michy Batshuayi.

The Belgium striker has signed with Valencia on a season-long loan this week.

And it was suggested the deal included a permanent option to the tune of €50m.

However, HLN says Chelsea sources deny there is a permanent clause in the transfer and Batshuayi has joined Los Che only on a straight loan.

The striker kicked off his season by scoring in a Valencia bounce game yesterday.