Sources close to both clubs have confirmed that informal talks have begun, although no agreement has been reached yet. Chelsea, who signed Nkunku from RB Leipzig in 2023, are believed to be open to parting ways with the French attacker after a season plagued by injuries and inconsistent form. Bayern, on the other hand, are reportedly very keen on adding Nkunku to their attacking arsenal, especially as they prepare for a possible squad overhaul this summer.
Nkunku, 26, has struggled to find rhythm in his debut season at Stamford Bridge. Despite his undeniable talent, injuries have limited his impact, and the rise of other attackers within the squad has further complicated his position. Chelsea, who remain under pressure to comply with Financial Fair Play regulations, are said to view the potential swap as a win-win—bringing in a younger, dynamic forward while offloading a high-wage player.
Mathys Tel, the 19-year-old French prodigy, has been turning heads at Bayern Munich with his explosive pace, flair, and finishing ability. Despite limited starts under Thomas Tuchel, Tel has impressed as an impact substitute and is widely seen as one of the most exciting young forwards in Europe. Chelsea’s interest in Tel aligns with their strategy of recruiting young, high-potential players who can develop under a long-term project.
Bayern Munich are reportedly hesitant to lose Tel but understand that a player-for-player deal involving Nkunku could offer immediate experience and versatility in attack. Nkunku, who has Bundesliga experience and a proven scoring record during his time at Leipzig, is seen as someone who could slot in seamlessly and add depth across multiple positions in the final third.
The swap deal, if finalized, would mark a rare direct exchange between two of Europe’s top clubs. While swap deals are often discussed in theory, they rarely materialize at this level due to complex negotiations around player valuations, wages, and agent fees. However, the mutual interest in each other’s assets could make this a unique exception.
Neither club has made an official statement, but insiders suggest that both Chelsea and Bayern are treating the discussions seriously. Talks are expected to continue over the coming weeks, with the summer transfer window looming. Should personal terms and financial details align, the move could be among the first major deals to set the tone for a busy summer.
Fans from both clubs have taken to social media with mixed reactions. Chelsea supporters are intrigued by the prospect of acquiring Tel, while some express disappointment at potentially losing Nkunku so soon. Bayern fans, meanwhile, are split—some excited by Nkunku’s proven talent, others wary of losing one of their brightest young prospects.
For now, the deal remains in the realm of possibility, but with major implications for both clubs' futures. As the summer window approaches, this developing story is one to watch closely.