A round up of the latest transfer stories about Chelsea.
Chelsea have been priced into 3/1 with Sky Bet to sign Southampton defender Luke Shaw.
The Saints left-back has been regularly linked with a move to Chelsea as well as Premier League rivals Manchester United.
The latest reports suggest that a fee in the region of £20-30 million may be needed to do a deal for the 18-year-old.
Chelsea may have to act quickly if Jose Mourinho wants to sign former Chelsea star Nemanja Matic.
Latest reports indicate that Manchester City have made a move ahead of their rivals for the €50 million rated Benfica star.
Manuel Pellegrini recently admitted that he could add to his squad to strengthen over the second half of the season.
Real Madrid midfielder Xabi Alonso has signed a new two-year deal with Los Blancos.
The former Liverpool man had been strongly linked with a move to Stamford Bridge but he’s ended speculation over his future with a new deal in Spain.
“This will continue to be my home for two more years. A pleasure to let you know. Very, very happy,” said the Spaniard.
image: © Jason Bagley