Reports suggest the Spanish international is pushing for a move away from Stamford Bridge following an awful start to the 2015/16 campaign and the Italian giants are ready to take advantage.
It's no secret that both Inter and Juve are looking to bolster their respective midfields during the January transfer window given that both sides have struggled at various points this season.
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A move for the 28-year-old Fabregas next month seems unlikely given how little high-profile transfers are pulled off during the winter window, but a deal next summer appears viable.
Despite a string of good results during the first half of the campaign, Serie A leaders Inter have largely demonstrated a lack of creativity. The Nerazzurri impose a physical and combative style of play which has brought moderate success thus far.
The case remains, however, that Roberto Mancini's side look far from a complete side, with a creative spark what they so desperately need at the heart of their midfield.
Workhorses like Felipe Melo, Geoffrey Kondogbia and Gary Medel have proved excellent in protecting Milan's back line but failed to provide sufficient support going forward.
And with Inter looking to offload a number of players like Andrea Ranochia, Nemanja Vidic, Davide Santon and Dodo, the club might just be able to find the necassary funds to bring a player of Fabregas' calibre to the San Siro.
With the title race still wide open, reigning champions Juventus will similarly be on the lookout for midfield reinforcements. The Bianconeri have been recently linked with a €30 million January move for Borussia Dortmund's Ilkay Gundogan, though the German side have ruled out any move midway through the season.
Juventus might just have to wait then, though a bid somewhere in the region of €25 million for the Spaniard might just test Chelsea's resolve given Fabregas' poor form and lack of influence this season.