Chelsea have joined Liverpool and Arsenal in the race to sign highly-rated Chilean striker Eduardo Vargas, according to reports.
The forward has been heavily linked with a move to Europe in recent weeks, with clubs in Italy, Spain and England all thought to be keen on the player.
Arsenal boss Arsene Wenger is noted as a long-term admirer of the Universidad de Chile starlet, whilst The Sunday People claims Liverpool have now joined the race for the 22-year-old.
However, Chilean newspaper La Tercera now claims Chelsea 'head the queue' for the player, with Andre Villas-Boas given the green light to make January transfer moves, according to The Daily Mail.
Roman Abramovich is expected to bankroll a number of changes when the transfer window re-opens, with Nicolas Anelka heading for the exit door after Chelsea accepted the Frenchman's request to leave.
His move will undoubtedly open the door to an addition to the Chelsea forward line, and whilst Brazilian sensation Neymar has been linked, Vargas is now reported to be a top target.
Liverpool will have something to say if the 'play auction' takes place for the £15 million-rated player, as predicted by The People.
Kenny Dalglish spent big on strikers last January, bringing Luis Suarez and Andy Carroll to Anfield for a combined fee in excess of £55 million - bankrolled by Liverpool owners FSG.
However, England striker Carroll has failed to spark for the Merseysiders, and with a lack of depth in the position, a move for another forward is expected from the Liverpool boss in 2012.
Arsenal are also looking to strengthen his attacking options, with the Gunners appearing over reliant on Dutch club captain Robin Van Persie.
Park Chu-Young and Marouane Chamakh have both struggled to impress when their opportunities have arisen at the Emirates Stadium, and Vargas could be the man to add depth in the position for Arsenal.