Chelsea striker Michy Batshuayi has reportedly agreed terms with Crystal Palace over a loan move to Selhurst Park.

Batshuayi's future has been the subject of intense speculation on deadline day, with the likes of West Ham United, Everton, Real Betis and Tottenham Hotspur all having been linked with the Belgian.

The 25-year-old's wage demands are understood to have scuppered a move away earlier in the day, but Sky Sports News reports that Crystal Palace have now come in with a late approach.

Chelsea were thought to be demanding £35m for Batshuayi on a permanent basis, but the out-of-favour striker could initially leave the club on a temporary basis until the end of the season.

Batshuayi has spent the first half of the season on loan at Valencia, but the Spanish outfit are also keen to get him off their books after seeing him score just three goals in 23 games for the club.

The player was understood to favour a move to Tottenham, but that deal quickly broke down after Chelsea demanded an £8m loan fee from their rivals, compared to just £2m from the other interested parties.