Raphael Varane stock has been rising, the 2018 World Cup winner has been having a sensational season at Real Madrid having played 29 games so far this season. The Frenchman has been with the Spanish giants since 2011 and has played over 250 league games for the club.

Now as the summer transfer season approaches three big clubs have their eyes on Varane and they are Chelsea, Manchester United, and PSG. Real Madrid is in a financial crisis, and after the club’s pursuit of a European Super League crashed, Florentino Perez will look to offload players who could have a high market value.

According to Bild in Germany, Chelsea is the frontrunner to sign Varane, while other reports in Spain claim the deal is almost done, nonetheless Manchester United and PSG are in the fold, and Real Madrid is listening to offers.

Raphael Varane to Chelsea Reports

Raphael Varane of Real Madrid battles for possession with Alexander Isak of Real Sociedad during the La Liga Santander match (Getty)

According to the reports, Raphael Varane could be sold to Chelsea for a £61 million transfer fee. Chelsea will look to buy that fee down knowing Varane has only one year left on his Real Madrid deal and the Spanish side is desperate for a cash flow.

Chelsea also has Bayern Munich centre back Niklas Sule in their sights and could be a second and cheaper option than Varane, Sule also has one more year on his deal with Bayern and his transfer fee is reported at £20 million.

Chelsea is on the hunt for a defender and the list has come down to Varane, Sule, Sevilla's Jules Kounde, Villarreal's Pau Torres, and Borussia Mönchengladbach’s Matthias Ginter. Atletico Madrid’s Jose Maria Gimenez is said to be on that list but looks doubtful he would be one of the top options for the club.

As for the competition, PSG and Manchester United are observing the defenders' situation, as reports out of Spain indicate that Varane does not want to resign at Real Madrid and would like to explore his options.

Varane has won three league titles with Real Madrid, 1 Copa del Rey, 3 Spanish Super Cups, 4 Champions Leagues, 3 UEFA Super Cups, and 4 FIFA Club World Cups.