London: Chelsea are closing in on a 25 million pound move for Brazilian starlet Oscar after blowing Tottenham out of the water with their financial offer. The Blues are in advanced negotiations with the midfielder's club, Internacional, after gazumping a 19m pound bid made by Spurs last week.
Oscar is regarded as one of the hottest talents in South America and has been identified by Chelsea as a star of the future.
"Spurs simply couldn't and wouldn't compete with the numbers Chelsea are talking - in terms of transfer fee and wages," a source close to the deal told the Goal.com.
"Spurs really wanted him and thought their partnership with Internacional would help, but Chelsea are getting a star of the future."
The 20-year has admitted to being aware of Tottenham's interest in recent weeks, but insisted that his focus is solely on helping Internacional, with the Porto Alegre side currently sitting in fifth in the Brasileirao.
"Tottenham contacted my agent, but now I'm focusing on Inter," he said. "I don't know what might happen, I'm not thinking of it right now.
"Inter has an important project to win Brasileirao, everybody's focused on that. I want to return to the team and keep playing."
But Chelsea look to have convinced the playmaker his future lies in London at Stamford Bridge, with Oscar set to join fellow new recruit Eden Hazard in Roberto Di Matteo's squad ahead of the new season.