Andrea Belotti: Torino striker insists he will STAY at Italian side in bitter blow for Arsenal and Chelsea

ARSENAL and Chelsea have been dealt a bitter blow after striker target Andrea Belotti signalled his intention to stay at Torino.

The two Premier League clubs are believed to be chasing the 23-year-old, who has scored 24 goals in all competitions this season.

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But it seems the Italian is set to stay at Torino - at least for now.

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Speaking to Tuttosport about his future, Belotti said: "Of course I am staying.

"I want to remain at Torino. In fact, I will stay at Torino next season.

"Let the Granata fans know! I am definitely staying."

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In January, it is believed Arsenal were rebuffed after bidding £55million for the frontman.

Real Madrid and Barcelona are tracking Belotti, who won the Serie B title with Palermo in 2014 before proving he could handle the Italian top flight.

But Torino are holding out for a huge profit on a player they bought in August 2015 for just £6m.

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Palermo swooped for the AlbinoLeffe academy product in 2013 after he hit the goal trail in the Italian fourth tier.

The striker – nicknamed Gallo – scored ten times as they were promoted from Serie B but netted just six in 38 league games the next season.

Belotti has managed an impressive three goals in his six Italy caps.