According to Spanish newspaper AS via The Sun, Real Madrid are not willing to overpay for Chelsea transfer target and Borussia Dortmund midfielder Jude Bellingham.

Real Madrid are refusing to enter a bidding war for Bellingham – on both the transfer fee and his salary.

The news comes as a boost to Premier League rivals Liverpool, Manchester City, Manchester United and Chelsea, who are all linked with a swoop for the teenage sensation.

Real Madrid are reportedly not willing to pay more than £88million for the 19 year old midfielder. Real Madrid are hoping to persuade Bellingham to snub a Premier League move and tempt him to the Bernabeu thanks to the club’s “legendary history”.

Real Madrid are reportedly hoping to capitalise on their excellent relationship with Borussia Dortmund to win the race for the transfer of Bellingham.

Real Madrid are reportedly prepared to miss out on Bellingham if a bidding war drives his price up past £88million.