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According to Spanish media outlet El Desmarque via Daily Express, Chelsea have contacted the agent of Real Madrid midfielder Isco over a potential move to Stamford Bridge.
The Blues are reportedly eager to sign Isco this January with Chelsea boss Frank Lampard keen on adding more creativity to the team.
Chelsea have a budget of £150 million to spend on transfers and the Blues are reportedly prepared to pay £47 million for the transfer of Isco.
The Blues are already in conversation with the agent of Isco according to the report but will have to convince Real Madrid president Florentino Perez to sell as he is reluctant to let the Spanish midfielder leave.