When the Brazilian media first reported that Chelsea recently placed a bid for the signing of Gabriel Moscardo, they had already claimed that it would take a while until Corinthians responded to it, as they would wait until their presidential elections at the end November and let the new club chief make the decision.

Outlet Goal Brasil today has a story on that scenario, claiming that even before the voting, the Timão have set a price for the midfielder’s departure.

It’s said that Corinthians demanded €35m for Moscardo before the election. It was the current president Duilio Monteiro Alves who made that specific request.

Chelsea and Barcelona are those who have been interested in the midfielder, and only the Blues placed a bid, which is said to be ‘lower’ than that amount.

Still, that’s not the end of the line for the Stamford Bridge side. It’s said that their offer is valid until the end of the year, so the new president, which will be elected this weekend, can still accept that.

The numbers in Chelsea’s offer are being held as a secret, but it shouldn’t be long until we know whether that will be accepted. Barcelona, down their end, have only made an approach and there’s no sign of a bid from them yet.