The Blues managed to see off competition from La Liga giants Real Madrid in the 2018 summer transfer window.
Hazard, though, failed to secure a dream move to the Champions League holders after Zinedine Zidane’s exit.
Chelsea FC have been unable to tie down Hazard to a new long-term deal to raise questions about his future.
Indeed, the Blues star will have 12 months to run on his current Chelsea FC deal at the end of the current campaign.
Hazard has scored five goals in six games in the Premier League so far this season after the Belgian winger returned to the World Cup.
The 27-year-old netted a brilliant winner in Chelsea FC’s 2-1 win against Liverpool FC in the Carabao Cup third round at Anfield on Wednesday night.
Former Chelsea FC defender Townsend believes Hazard is now worth in excess of £200m.
“When you talk about Hazard and his value, he is in the £200m category,” Townsend told BBC Radio 5 Live. “It’s what you expect from those type of players.”
Chelsea FC finished in fifth spot in the Premier League table last term to miss out on a Champions League spot.
Hazard moved to Chelsea FC from Ligue 1 side Lille in the 2012 summer transfer window despite interest from Manchester City and Manchester United.
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