Chelsea's hopes of securing a deal for Sporting Lisbon's highly rated youngster Bruma have been hindered with reports suggest Paris Saint Germain are ready to make a lucrative offer for the teenager.

The 18-year-old, who has drawn comparisons with Cristiano Ronaldo, has garnered the attention of a number of clubs over the past months, enhancing his burgeoning reputation further with his performances at last month's Under-20 World Cup where he struck five goals in four games.

Regarded as one of the brightest talents to emerge from Sporting's revered youth academy, Bruma could be about to leave the Portuguese club for nothing as a row over his contract could see his current deal terminated, a dispute to be settled by a Fifa Joint Arbitration Committee who are investigating the length and legality of the contract.

Chelsea and Galatasaray have already lodged formal bids for the 18-year-old forward, but Abola report PSG are now monitoring the situation and are ready to make their move for the Sporting starlet once his future is settled.

A disagreement between Sporting and Bruma's representatives has led to the impasse that has seen talks regarding his future stall. The player's lawyer has previously insisted Bruma's contract expires at the end of July, which will leave him available on a free transfer this summer, while Sporting claim an automatic clause in the player's contract has been triggered that will keep him at the club until 2014.

Abola confirm that the Joint Arbitration Commission will announce their decision on August 9. One scenario will see one of Sporting's brightest talents walk away from the club for nothing, while the other will leave the club in a position to demand much more than the reported €2m Chelsea offered earlier in the summer.

Whatever the outcome, Sporting may decide to cash in on Bruma if the decision is made in their favour after the player's persistent efforts to cut his ties with the club.

"I deeply regret the outcome of this matter," Bruma said last month when asked of the situation regarding his row with Sporting.

"I did everything to stay at Sporting and I made it clear to my representatives to try to reach an agreement. But after all this time, Sporting did little for me to renew."

Manchester City, Inter Milan and Marseille have also been credited with interest in Bruma, whose future is likely to become much clearer in the coming weeks.