Chelsea were offered the chance to sign Atletico Madrid star Miranda in a swap deal for Andre Schurrle.
Atletico offered Chelsea Miranda (right) in exchange for Andre Schurrle (left)[GETTY]
The Blues bid £20million for Miranda last week as Jose Mourinho stepped up his search for defensive reinforcements.
Atletico responded by telling Chelsea they would have to part with Schurrle in exchange to land the 29-year-old.
Miranda has since insisted he wants to stay with the La Liga champions, with Mourinho turning his attention to Real Madrid defender Raphael Varane.
But Atletico remain keen on signing Schurrle and are ready to make a £25m bid for the German international.
Diego Simeone has already lost three players to Stamford Bridge this summer in Diego Costa, Filipe Luis and Thibaut Courtois.
And they now want something in return in the shape of Chelsea's World Cup-winning forward.
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