Chelsea and Arsenal have a battle on their hands if they are to convince Eduardo Vargas to make the switch to the Premier League after Napoli reportedly stole a march in the race to sign the 22-year-old.

Considered one of the best young players on the planet, Vargas has attracted interest from all over Europe and is expected to be the subject of a fierce tussle when the January transfer window opens.

Now Napoli appear to be at the head of the queue after reports in Italy suggested that manager Walter Mazzarri was close to adding to his already impressive attacking front line.

The Universidad de Chile prospect is believed to be available for around £9 million plus bonuses, although the player’s agent Mark Griffiths believes that figure is steadily rising as the days go by.

"I think the price is slightly higher, about 12 or 14 million euros and reaching maybe more.” He said.

Vargas has been likened to Barcelona star Alexis Sanchez, who completed a switch to the Nou Camp from Udinese in a deal which could be worth £33 million over the summer.

However Griffiths believes his charge has far more potential than his international team-mate.

"Is he the new Sanchez? I think he is a bit better than the Barcelona player, as he attacks areas and is more direct." He commented.

Chelsea remain firmly in the hunt for Vargas and will likely persue him in January, however Blues boss Andre Villas-Boas may be put off signing him because of potential work permit issues he would face if he signed with a Premier League club.

Club delegates from Stamford Bridge have reportedly already travelled to Chile to strike a deal, while Liverpool are also rumoured to have sent scout’s to watch him play.

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