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Saudi Arabia’s Public Investment Fund have not given up on their effort to lure Romelu Lukaku and are ready to offer the player $50m/year to move from Chelsea.

That’s according to journalist Sacha Tavolieri, who says Lukaku has ‘kept in touch’ with the group after a meeting earlier this year.

He details how Lukaku met with Al-Hilal president Saad bin Nafel in Paris on June 12th to discuss a possible move, but the Belgian striker put that on hold as he had prioritised staying in Europe.

Nonetheless, the Public Investment Fund have put a proposal on the table worth $50m/year for three years.

Lukaku is said to be in ‘full reflection’ mode because of that, thinking through what is a ‘pharaonic’ contract offer for him.

Should he decide to accept he would now not be joining Al-Hilal, who have instead decided to focus their efforts on Fulham’s Aleksandr Mitrovic.

The Chelsea forward would instead be sent to one of the other PIF owned clubs, Al-Ittihad, Al-Ahli Saudi Club or Al-Nassr.

A deal would also still need to be worked out with Chelsea, and PIF are the only ones reportedly ready to offer the Blues the €40m they want, and it’s unlikely the Stamford Bridge side would provide any resistance should Lukaku decide to accept the big offer from Saudi Arabia and make the switch this summer.

He’s certainly thinking about it, particularly now that Inter have pulled out of the race thanks to his decision to talk to Juventus.