As Antonio Conte builds his new-look Blues side with the acquisitions of Michy Batshuayi and N'Golo Kante, punters are fancying the Italian to splash the cash again for a Real Madrid striker.
According to bookmakers, it's Alvaro Morata that has been backed in to 5/2 to join Chelsea this summer.
Morata's arrival could signal the end of Diego Costa's time at Stamford Bridge though, with the fiery Spaniard 11/4 to quit west London this summer.
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Meanwhile it's 7/1 Conte both welcomes Morata and bids farewell to Costa before the end of the transfer window.
Bookmaker spokesperson Richard Marsh has said: "Conte isn't hanging around at Stamford Bridge, and Alvaro Morata looks to be the next piece in the Italian's Chelsea puzzle, probably at Costa's expense."
Would this be a good signing for Chelsea? Let us know!