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Chelsea and Arsenal are dealt transfer BLOW as striker target Victor Osimhen is set to sign new contract with Napoli raising his release clause to £112m

Chelsea and Arsenal have been dealt a major transfer blow as striker target Victor Osimhen is set to sign new contract with Napoli.

The Nigerian international has scored six goals in 11 Serie A games this season and is set to be rewarded for his good form.

At just 24 years of age he is a key asset for Napoli after he was critical in their title-winning season last campaign.

Both Arsenal and Chelsea are said to be in the market for a striker, especially Chelsea who have reportedly been eyeing a January move for the player.