Blues ready big-money Bernabeu raid.
Chelsea are said to be ready to pay as much as £39.5m to sign Real Madrid defender Raphael Varane in the summer transfer window, according to Spanish source Fichajes.net.
Chelsea & Real Madrid Ready to POUNCE as Liverpool Star Raheem Sterling Stalls On Contract Offer
Manchester United Line Up Two Chelsea Targets In Stunning £88m Triple Swoop
Chelsea transfer news
The French international is one of the most highly regarded young defensive talents in the game at the moment, and has also been linked strongly with a move to Manchester United.
Chelsea want a long-term replacement for John Terry, though they already have the highly promising youngster Kurt Zouma coming through.
Still, Jose Mourinho knows Varane well from his time at the Bernabeu and has been linked with a move to bring him to Stamford Bridge several times since leaving Spain.