Chelsea set for surprise deadline day transfer as perfect Reece James teammate ready in $10m deal

Chelsea transfer news: The latest Blues media briefing with reaction to stories on Callum Hudson-Odoi and Gabriel Moscardo

Just when you thought Chelsea were done, they come from nowhere and continue to push for yet more players. Even with the expected arrival of Cole Palmer coming in late into the summer, there is room for Todd Boehly and Co to make another power-play.

Even on deadline day, it seems like the work is set to continue for the future with Fabrizio Romano reporting that another South American talent is on the way.

He writes: “Chelsea have presented formal bid to Corinthians for 2005 born top talent Gabriel Moscardo. Bid already discussed between clubs. Told Corinthians now want €25m to sell Moscardo and make it club record sale. It’d be a signing for the future.”

The deal would come it at £21million ($27m) for that price. The 17-year-old midfielder has just ten senior appearances to his name but has now well and truly broken into the first team. It appears that he could be set to join fellow Brazilian talent Andrey Santos in the Chelsea talent factory.

Romano later added: "17 yo midfielder would stay on loan at Corinthians until June. Corinthians currently asking for higher fee to make it happen."

football.london says: Another youngster, another day, what is the long-term thinking here? Even for BlueCo and the multi-club model it is hard to see the sustainability of farming up everyone for such prices. At £20million ($27m) there is some risk that he simply doesn't progress the way the club want him to and never truly brings in the fees desired.

It's a risk to keep doing these sorts of trades with only one source of controlled development centre out of Chelsea's first team as well. Academy performances appear to