According to Italian media outlet Calciomercatoweb, Chelsea are ready to offer midfielder Mateo Kovacic plus cash for Juventus striker Dusan Vlahovic.
Chelsea are close to signing World Cup Golden Boy and Benfica midfielder Enzo Fernández and will be looking to make space in the midfield.
The Blues also want to sign Vlahovic and by including Kovacic as a part of the transfer, Chelsea could reduce the financial burden of the transfer.
Chelsea have struggled to score goals this season and are the least goalscorers in the Premier League top half with just 20 goals.
Meanwhile, Brazilian midfielder Andrey Santos is set to sign a five year Chelsea contract after passing his Chelsea medical, according to Brazilian journalist Vene Casagrande.
Chelsea will pay Vasco da Gama a fixed fee of €12.5million for the transfer of Santos to Stamford Bridge.