Bayern Munich have joined the hunt for Chelsea's promising left-back Ian Maatsen, as Borussia Dortmund prepare to table an opening bid for the 22-year-old Dutch defender.
Maatsen's impressive performances during his loan spell at Dortmund, which saw the club reach the UEFA Champions League final, have caught the attention of several top European clubs.
According to Fabrizio Romano, Borussia Dortmund are readying an initial offer of around €25 million (£21.5 million) to secure Maatsen's services on a permanent basis.
However, Chelsea remain steadfast in their valuation of the player, with a release clause set at £35 million. Discussions between the two clubs are expected to commence in the coming days as they attempt to reach an agreement.
Bayern Munich have emerged as serious contenders in the race for Maatsen's signature. The Bundesliga champions are reportedly willing to meet Chelsea's asking price, viewing the young Dutchman as a potential long-term replacement for Alphonso Davies.
The Canadian left-back has been heavily linked with a move to Real Madrid, and Bayern see Maatsen as an ideal candidate to fill the void should Davies depart.
Maatsen's performances have not gone unnoticed by his former manager, Vincent Kompany, who worked with the defender during their time together at Burnley.
Kompany lauded Maatsen's skill and potential, highlighting the left-back's contributions of four goals and six assists in 39 league appearances, which played a crucial role in the Clarets' promotion to the Premier League.
In addition to the Bundesliga duo, several Premier League clubs are also keeping a close eye on Maatsen's situation. The youngster's playing style has drawn comparisons to that of players favoured by Manchester City boss Pep Guardiola, further heightening interest in his services.
Chelsea, open to selling Maatsen, are keen to secure a favourable deal that will generate significant profit for the homegrown talent, with the funds potentially being used to finance the Blues' summer transfer activities.
The competition for Ian Maatsen's signature is expected to heat up. With Bayern Munich now vying alongside Borussia Dortmund and Premier League suitors, Chelsea will be looking to negotiate the best possible deal for their promising young defender.
Maatsen's successful loan stint in Germany has showcased his immense potential, and the battle for his services is set to be one of the most intriguing storylines of the summer transfer window.