John Terry
John Terry is set to leave Chelsea this summerGetty Images

Chelsea captain John Terry has reportedly been told he must lower his wage demands in order to secure a move to the MLS. The out-of-contract defender is set to leave Stamford Bridge at the end of the season, but will not be able to command a Designated Player contract if he moves this summer.

Chelsea have still shown no inclination to offer a new deal to Terry, and the player has instructed his representatives to strike a deal with an MLS side. However, a source has told ESPN that no MLS teams are interested in signing the defender "at Designated Player levels, which is what [Terry is] looking for".

The Chelsea legend is thought to be one of the top-earning players in the Premier League, but he may need to lower his expectations if he is to move to America. Two of his former international teammates, Steven Gerrard and Frank Lampard, are Designated Players, yet it appears Terry's services are less sought-after.

Meanwhile, the 35-year-old Chelsea captain - who also made 78 appearances for England, scoring six goals - is also reported to have received offers from clubs in China and the Middle East, having previously said he will not sign for another club in the Premier League.