Also argues Manchester City are still in the equation, with Arsenal seemingly nowhere.
Nor is it likely to be imminently with Spain and Fabregas kicking off their World Cup on Friday night against Holland, and the Stamford Bridge side may not have Barcelona's ear all to themselves.
While Cesc's former side Arsenal appear to be out of the running, by their own choice, Manchester United and Manchester City remain possible, according to a pundit who claims to have information on the situation.
SkySports' Spanish football correspondent Guillem Balague claims there is no agreement with anybody thus far.
Latest on Cesc: no agreement yet with Chelsea or anybody. City and United in the equation still. But FCB leaking he is very close to Chelsea— Guillem Balague (@GuillemBalague) June 11, 2014
In fact, the only top England team not interested in Cesc is Arsenal— Guillem Balague (@GuillemBalague) June 11, 2014
For most, the thought of Fabregas playing back in the Premier League wearing any other shirt but Arsenal seems like an alien concept; but so was the prospect of Robin van Persie departing the Gunners for Manchester United.
Now it seems like for all the denials, there is a chance that the Dutchman could yet get a chance to re-unite with his old Arsenal teammate next season, and Louis van Gaal strike a blow over Jose Mourinho in the process.