A deal for the Brazilian wonderkid was agreed with the Catalan giants, but they have now waived their preferential option.
On Friday, reports in Brazil from Globo Esporte claimed Fluminense have agreed the $10 million (£6.35m) sale of talented young forward, Robert Kenedy Nunes do Nascimento, who is simply known more commonly as Kenedy.
The reports suggested that the 19-year-old will now complete a move to Chelsea, although there has always been one problem that could have proven a hurdle for the London club to overcome.
However, it is now suggested that Barcelona will not stand in the way of Chelsea completing their move for Kenedy, although they will likely receive some compensation from third-party investors, who controlled the economic rights of the player.
Barcelona have now reportedly turned attention towards two other talented young Fluminense players instead. They are Gerson, a midfielder, and defender Marlon, who participated in the U20 World Cup in New Zealand.
Meanwhile, given that Kenedy is unlikely to be granted a work permit in England, it is expected that Chelsea will look to loan him out for the 2015-16 season.
Spain would seem a likely and practical destination for the player, as South Americans working in the Iberian country, can usually gain a passport after two years.
Arsenal have of course benefited in that regard, with Brazilian youngster Wellington Silva having gained a Spanish passport, following consecutive loan spells in the country.