Chelsea reportedly want €10 million (£8.9 million) for Cesc Fabregas in January amid rumours AC Milan desire him.
According to Andrea Losapio of Tutto Mercato Web (h/t Sport Witness' Naveen Ullal), Rossoneri sporting director Leonardo has approached the Blues regarding the Spaniard and has been informed of his price tag.
Milan feel Chelsea's demands are too high given Fabregas is in the final year of his contract, so Leonardo is waiting to hear if they're willing to move on their valuation.
The Rossoneri want to offer the 31-year-old a contract until 2021.