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Chelsea plan to sell Andre Schurrle this month in order to fund a deal to sign Colombian winger Juan Cuadrado from Fiorentina, according to the Daily Mail.
Cuadrado has a £26.8m release clause, which the Blues are prepared to activate.
However, the Premier League leaders will only move for the 26-year-old once they have sold Andre Schurrle.
Wolfsburg and Borussia Dortmund are both keen on Schurrle.
Chelsea hope to use that interest to sell the 24-year-old German for around £30m.
Club officials are apparently hopeful that both deals could be completed this week, making Cuadrado available to debut in Saturday’s top-of-the-table clash with Manchester City.