Chelsea's new manager Andre Villas-Boas will be given £80 million to help stamp his mark on The Blues' wearing squad, according to The Mirror.
The Portuguese manager, who was confirmed on Wednesday as the new manager of the west-London side, will be handed a hefty transfer budget to help his side catch Manchester United in the Premier League.
Of those in contention to sign for Chelsea, Santos forward Neymar is the closest to being Villas-Boas' first acquisition.
The Brazilian sensation has been heavily linked with a move to Real Madrid, but a £40 million bid is expected secure his move to Chelsea.
Like Jose Mourinho did when joining Chelsea from Porto, Villas-Boas may want to bring in players from his quadruple winning side with Radamel Falcao and Joao Moutinho two of his preferred targets.
Falcao scored 17 goals in the Europa League last season, including in the final against Braga and has a career record of 73 goals in 85 appearances for the Portuguese champions.
Moutinho has also impressed in midfield, but Roman Abramovich, who has already parted with £13.3 million to release Villas-Boas from his Porto contract, will have to part with close to £40 million for the pair.