In a significant development, German attacker Kai Havertz has informed Chelsea that he will not be signing a contract extension, a decision that has bolstered Arsenal’s pursuit of the talented player. Despite having their initial bid rejected by Chelsea, Arsenal remains determined to secure Havertz’s services and his rejection of a new deal offered by Chelsea strengthens their prospects.

Chelsea has placed a price tag of £70 million on Havertz, but Arsenal is actively working to negotiate a lower asking price. Havertz’s refusal to extend his stay at Stamford Bridge represents a major boost for Mikel Arteta’s side, which is now poised to make a serious push for his signature.

However, competition for the German international remains fierce, with Bundesliga champions Bayern Munich also expressing their interest in acquiring his services. Chelsea will be hoping that Bayern Munich swiftly enters the bidding fray, sparking a potential bidding war that could further elevate the player’s value. Havertz, currently earning a weekly salary of £220,000 at Chelsea, is said to have wage demands that Arsenal is reportedly willing to match.

Fans will have the opportunity to see Havertz in action next when he represents Germany in an international friendly against Colombia on June 20.