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Sergio Aguero will leave Manchester City at the end of the season when his contract with the club expires and the Blues are reportedly considering a move for the prolific Argentine striker.
According to Metro UK, Aguero is prepared to take a significant cut on his current Manchester City salary to join Chelsea as he wants to play for a club competing for titles.
Aguero reportedly favours remaining in the Premier League when he leaves Manchester City at the end of the season and he is willing to take a pay cut if it means he can play regularly and continue to compete for titles in the Premier League.
Aguero reportedly earns around £260,000 per week at Manchester City.
Meanwhile, Premier League club Everton have also joined the race to sign the 32 year old Argentine striker.