Chelsea were reportedly interested in signing Crystal Palace winger Michael Olise, but have decided to pull out of the process due to concerns over finances and squad balance, according to reports.
Chelsea allegedly made a final offer that they considered their strongest, but felt that it was beyond their means and instead opted to focus on rewarding existing players who perform well or investing in new elite talent on more reasonable salaries.
Former Chelsea midfielder Emmanuel Petit, however, urged the club to keep Gallagher as he is an English player and important to the fans.