Chelsea were strongly linked with Ivan Perisic under Antonio Conte, but a move never materialised.
Reports from Italy now claim that Chelsea have reached an initial agreement to sign the 33-year-old on a free transfer.
The Croatia international is set to leave Inter Milan at the end of the season, having failed to reach agreement with the club.
The 33-year-old is angered and feels disrespected by the Serie A champions.
According to reports, Perisic had demanded a new three-year contract worth just under £100,000 a week but Inter only offered a two-year deal worth around £65,000 a week.
Perisic has still proven to be a key player for Inter and recently scored a brace in the Coppa Italia final, as Inter beat Juventus 4-2 after extra time to win the trophy.
“I don’t know anything yet,” Perisic told Sports Mediaset.
“With important players, you don’t wait to the last minute. You ought to know that too.”
Perisic may be the first signing of the Todd Boehly era, and Sports Mediaset claims that the deal is subject to a medical and the final formalities of the agreement have not yet been signed off.
With Boehly set to be confirmed as the new owner of Chelsea, Chelsea have swooped in on this transfer, having played catch-up in the transfer market for some months now.