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Lyon are reportedly set to demand around €30m (£25m) for midfielder Rayan Cherki amid interest from both Liverpool and Chelsea.

Following Lyon’s financial struggles and their provisional relegation at the end of the season, Liverpool quickly emerged as a potential suitor for the 21-year-old, with reports later suggesting that Chelsea had reignited their interest in the talented Frenchman.

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Cherki was close to a €15m (£12.5m) move to Paris Saint-Germain over the summer, but Lyon president John Textor recently made it clear that the midfielder is no longer available at such a low price, even with the club facing relegation.

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According to Foot Mercato, Lyon are now seeking at least €30m for Cherki in January, with some club sources suggesting they may hold out for €35m (£29.2m).

Despite their financial issues, Lyon are reluctant to sell Cherki, or any player, at a reduced price. However, the €25m asking price still represents a significant bargain for any top-tier club.

In addition to Liverpool and Chelsea, Cherki has also been linked with a move to Bayer Leverkusen, while PSG are believed to maintain their interest in the France Under-21 international.

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