The Swansea man has been in remarkable goalscoring form since signing in the summer and other clubs are reportedly interested in him.
“Michu is the deal of the season. I’m not the one who decides on his price, but we all know that the economic situation in the world is not easy and there are not many clubs that can afford to sign him,” said Laudrup.
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.