Chelsea ready to cash in on Kenedy

Chelsea are ready to cash in on winger Kenedy this summer but value the Arsenal, Newcastle and Leipzig target at £20 million.

Chronicle Live reports that Chelsea are open to selling the Brazilian and would rather do so than loan the player out again.

The Blues reportedly want to pocket around £20 million for the Brazilian in a bid to raise funds for their own transfer business.

The Brazilian has been named as a potential transfer target for the Magpies after an impressive stint on loan at St James’ Park.

Kenedy joined the club in January and an inspired run of form helped Rafa Benitez’s men stay in the top flight.

The Brazilian’s form alerted several teams around Europe, with the likes of Arsenal, RB Leipzig and Bayern Munich all taking notice of his availability after falling out of favour at Chelsea.

Benitez has often hinted at a permanent move for the player but also admitted that the club could be priced out of a deal.