Transfer news: Wolfsburg provide update on deal for Chelsea forward Kevin de Bruyne

The 22-year-old looks set for a return to the Bundesliga

Chelsea midfielder Kevin De Bruyne has been valued at £25m by his club if any potential January transfer is to be completed (GETTY IMAGES)

Wolfsburg claim they are closing in on the signing of Kevin de Bruyne from Chelsea.

The Wolves have made no secret of their desire to sign the 22-year-old midfielder and the club's director of sport, Klaus Allofs, believes he will soon be able to sanction the move.

"It's not that we can confirm the deal just yet, but we are no longer so far apart with Chelsea that we can't bridge the differences," he said in the Wolfsburger Nachrichten newspaper.

Chelsea have been reluctant to let De Bruyne go on a permanent deal, even though he has fallen out of favour under Blues boss Jose Mourinho. The Barclays Premier League club want another loan move for the Belgian, who spent last season at Werder Bremen, scoring 10 goals in 34 appearances.

However, Wolfsburg, who are backed by the German automobile manufacturer Volkswagen and have arguably the biggest spending power in the Bundesliga behind Bayern Munich, prefer a permanent move.

PA