The agent of Chilean starlet Eduardo Vargas has revealed that Chelsea are yet to bid for the player.
Universidad de Chile's 22-year-old forward has been heavily linked with a number of clubs across Europe, with AC Milan, Arsenal and Inter Milan all thought to be monitoring the player closely.
It's the interest of Chelsea boss Andre Villas-Boas which has been more prominent in the British press of late though, and agent Mark Griffiths has revealed that there is interest - but no offer - from the Blues.
"He's definitely a player that is attracting a lot of interest," Griffiths told Calcio Mercato.
"Has there been an official offer from Chelsea? Their chief scout in South America is Chilean, Jorge Alvial, so it is expected that the best players from his country will be linked with the Blues.
"However, we have not received an official offer from London. Maybe they will bid in the future, but to date there is nothing. That is the same for all the European teams.
"A valuation of €10 million? I think it could be higher than that, maybe around €12m-€14m. Vargas as the next Sanchez? Comparisons have been made, but I think in some ways he is even better than the Barcelona player because he scores more goals."
Chelsea have been linked with a number of strikers in recent weeks, with Nicolas Anelka set to leave for Shanghai Shenhua in January and concerns over the long-term future of Didier Drogba at Stamford Bridge with the Ivorian's contract set to expire at the end of the season.
Vargas would also continue the philosophy implemented by the former Porto boss in west London, with young players starting to become more prevalent under the 34-year-old.