He snubbed Man Utd in favour of the move to Germany, but the Red Devils have refused to give up in their pursuit of the teen.
According to The Athletic, United are in a transfer race along with four other clubs.
But, Borussia Dortmund are demanding at least £130m for the young star which would make him the most expensive English player of all-time – surpassing Jack Grealish and his £100m move to Man City last year.
Bellingham made his 100th appearance for Dortmund last week.
Since arriving at Signal Iduna Park he’s scored 13 goals and assisted 18, making him one of the club’s most valuable players.
His consistent performances have also seen him earn a regular spot in Gareth Southgate’s England squad.
Last year Bellingham became the youngest-ever English player to appear at a major tournament when he made a substitute appearance against Croatia during Euro 2020.
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And now he could be given the opportunity to shine on the World stage as England prepare for the World Cup in November.
Bellingham was given another international call-up last week ahead of England’s upcoming Nations League fixtures against Italy and Germany.