Chelsea will have to wait until November 25th to find out whether their revised bid for Corinthians holding midfielder Gabriel Moscardo is accepted, according to Goal Brasil.

The Blues have previously offered €25m (£21.75m) for the 18-year-old but it is believed that they have now increased their proposal.

Corinthians will, though, not make a decision on whether to accept the bid before presidential elections are held later this month.

Current president Duilio Monteiro Alves believes it should be up to his successor to determine the future of Moscardo, especially because of the magnitude of the deal on the table.

The Brazilian club also feel justified in delaying their response because Chelsea would only be able to sign Moscardo when the transfer window reopens in January anyway.

What do Chelsea fans need to know about Moscardo?

The teenager came through Corinthians’ academy before making his senior debut in the Copa Libertadores back in June, coming on for the final 10 minutes of the group stage fixture against Uruguay’s Liverpool FC.

Moscardo got his first start just a few days later when he was named in the eleven for the 1-0 league defeat to RB Bragantino. He has subsequently gone on to make 21 appearances for the first team.

Back in September, the midfielder also made his debut for Brazil’s Under 23s, coming on as a substitute late into stoppage time during a 1-0 loss to Morocco.

Chelsea do already have another young Brazilian midfielder

It is somewhat surprising that the Blues are targeting Moscardo, considering that they also have Andrey Santos in their ranks.

While the 19-year-old is currently out on loan at Nottingham Forest, he does play in a very similar position to Moscardo, so the two Brazilians would effectively be competing for the same place in Chelsea’s squad.

Of course, there is the possibility that Moscardo could be loaned out too so he can gain more first-team experience.