Chelsea's bid for Brazilian teenager Gabriel Moscardo rejected by Corinthians

Chelsea made a €20 million bid for 17-year-old Gabriel Moscardo which was rejected by Corinthians.
Moscardo is considered the best young prospect from the Corinthians academy and has made 10 senior appearances.
Corinthians own 80% of Moscardo's economic rights and refused Chelsea's offer.
Chelsea is the only team to have made an official offer for the midfielder Moscardo.
Several European teams have shown interest in Moscardo during the current transfer window.