According to The Telegraph, Jose Mourinho has asked the club's owner, Roman Abramovich, to invest the funds set to be received from the sale of David Luiz into purchasing a world-class midfielder.
It has been reported that Chelsea are on the brink of selling Luiz to Paris St-Germain in a deal somewhere in the range of £40 to £50million, which would be the highest fee ever paid for a defender, should the deal go ahead.
The transfer would see the French club break the record for a third time, having paid £35million for Thiago Silva and £30million for Marquinos – Both of which, funnily enough, are Brazilian.
The transfer will prove to be a remarkable piece of business for the club, having signed the player for £21.3million three years ago.
Due to the strong defensive partnership that John Terry and Gary Cahill have developed over the course of the season, the Brazilian has found most of his opportunities coming in a holding midfield position, and with the club deciding against providing Frank Lampard with another year, Mourinho is keen to bolster his options in the centre.
Paul Pogba, Koke and Paulinho would all cost in excess of £30million, but would all no doubt enhance the London side, as well as provide some goals from the midfield.
It was reported by the Daily Mail that the player underwent a medical while in Brazil ahead of the World Cup next month, as PSG, Chelsea, as well as the Brazil manager, Luiz Felipe Scolari, want the deal to be concluded ahead of the international tournament and all that is left to agree is the player's personal demands.
Chelsea are also interested in Atletico Madrid's star striker, Diego Costa, who is set to cost them £31.5million, as well as Atletico's Filipe Luis, to provide an option in the left-back position, following Ashley Cole's release.
With Financial Fair Play providing stringent guidelines on how much clubs can spend, whether Chelsea are able to strengthen in any necessary areas is likely to hinge on the fee that they receive for David Luiz.