Chelsea and Manchester City are reportedly willing to spend big to beat Barcelona to the signing of Inter Milan striker Lautaro Martinez.

The 22-year-old is a confirmed target for La Liga giants Barca due to his impressive form since joining Inter from Racing Club in 2018.

Real Madrid are also rumoured to have lined up a move for Martinez, who has scored 16 goals in all competitions this term.

However, Spanish outlet Sport claims that Chelsea and Man City have now entered the running for the Argentina international.

Martinez has a £100m release clause in his contract, and the report suggests that the Premier League pair are prepared to break the bank to land their man.

Luis Suarez and Lionel Messi have both previously publicly backed their club's pursuit of Martinez.