The Croatian is currently on loan at the San Siro from Dinamo Zagreb but his move will be made permanent in the summer.
And when it does, Inter are ready to instantly cash in on the 23-year-old in a bid to help the club’s financial situation.
Arsenal had been seen as frontrunners for Brozovic and an offer of around £15m was set to be made by the Gunners.
But, according to Tuttosport, Bayern and Chelsea have now joined the battle for the central midfielder.
As a result, Inter are preparing to bump up Brozovic’s price tag to around £20m, in an attempt to see who really wants to land the Croatian international this summer.