Chelsea transfer target Oscar Cardozo is set to sign a new deal at Benfica which includes a mammoth £47.7m buy-out clause.
Reports in Portugal quoted on talkSPORT suggest the Paraguayan is close to reaching an agreement with Benfica. At one stage this summer it seemed the tall striker was set to leave the Portuguese club.
But Record newspaper claim the 29-year-old will now stay with Benfica, with a new and improved buy-out clause bumped up to £47.7m (€60m).
The Paraguayan frontman had been linked with Stamford Bridge for a long time, and following the departure of Didier Drogba in the summer a move looked likely.
But Chelsea have instead chosen to place their faith in Fernando Torres, although reports today suggest the Blues could be readying a £45m January bid for Atletico Madrid striker Radamel Falcao.
The Colombian has been in tremendous form over the past 12 months, and underlined his ability with a fantastic hat-trick against Chelsea in the Super Cup.
And it now seems the Blues will focus their transfer attention on Falcao rather than his fellow South American Cardozo. The €60m buy-out clause on Cardozo makes him an unrealistic target - few Premier League clubs will even entertain the notion of paying anywhere near that figure for a 29-year-old.