Porto have denied that a deal has been done for manager Andre Villas-Boas to move to Chelsea, despite circulation growing that the next ‘special one’ will sign with the Blues.
Porto president Pinta da Costa admitted that if a side can produce the €15 million exit clause for Villas-Boas, the Portuguese club will be powerless to stop the manager moving to a new home, sending rumours into overdrive that Chelsea were planning an offer.
"Villas-Boas has a contract and a clause of 15million euros,” Da Costa said.
"If someone deposits 15million euros into our account and he wants to go, we can not do anything because it is something that is contractually specified."
But the club has denied that any formal deal has been discussed at yet with Chelsea, releasing a statement amidst the rumours.
"So far this club has not received any communication that this clause has been exercised, nor of the agreement of the coach that is desired," the statement read.
Meanwhile, Chelsea chief executive Ron Gourlay recently said that a manager will be chosen within the next fortnight.
"As far as the manager is concerned, the process is going well but now is not the time for me to comment on who the next manager is going to be,” Gourlay said.
“We will announce things in the usual way but hopefully in the next week or two, we'll be in a position to announce who our new coach will be.
"I don't think it's right to comment at this stage. I don't want to create any speculation, we'll make an announcement when we're ready and we'll see the new coach when we arrive next month."
Guus Hiddink was thought to be the favourite for the Chelsea job, though the Blues have been very quiet lately on speculation surrounding who their next appointment will be after Carlo Ancelotti was shown the door at the end of last season.
But with both the sporting director and managerial positions open, Hiddink may not be in talks for the managerial position after all, giving Chelsea room to employ Villas-Boas as well.