Chelsea are reportedly ready to spend in excess of £35 million in the January transfer window to ensure they capture Everton midfielder Marouane Fellaini and Arsenal star Theo Walcott.
According to the Evening Standard, both Fellaini and Walcott feature prominently on Chelsea's list of transfer window targets and the Blues are expected to make bids for the pair next month.
Chelsea will reportedly offer Everton over £20 million to sign Fellaini, while Roman Abramovich is ready to sanction a bid of £15 million for Walcott, even though the Arsenal winger is out of contract at the end of the season.
Walcott has yet to provide any clear indication that he will extend his stay with Arsenal and, it would appear, Chelsea are willing to test the resolve of the Gunners when the transfer window opens next month.
The 23-year-old was offered a rare opportunity to start up front for Arsenal in the Monday night defeat of Reading, and Walcott may now seek an assurance from Arsene Wenger that this will be more than just a one off if he is to sign a new deal.
Fellaini, meanwhile, has previously told reporters that he hopes to further his career away from Everton with a transfer either in January or the summer, and the 25-year-old could reportedly be granted his wish if Chelsea come calling.
The Belgium international only signed a new long-term contract with Everton a year ago, but his performances this season have increased speculation that his time at Goodison Park may be coming to an end.
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