AC Milan have officially enquired about the availability Fernando Torres, but could give up their chase and pursue Liverpool flop Fabio Borini instead.
Milan want to take Torres on loan and have prepared a compensation package of €3m (£2.4m) for the Spaniard.
However, reports from Italy claim that fee would need to be doubled for Chelsea to contemplate allowing Torres to leave for the San Siro.
Another stumbling block is Torres's reluctance to leave Stamford Bridge on a loan deal, favouring the security of a permanent move.
The 30 year-old has even asked Chelsea to pay up the remaining two years of his £200,000-a-week contract, worth £16m, so he can engineer a move to Milan.
Blues unwilling to sell
Chelsea are said to be reluctant to see the striker leave west London, after manager José Mourinho stated he wanted a three strikers.
He has already brought in Diego Costa and Didier Drogba, but sold Romelu Lukaku to Everton for £28m.
Torres became Britain's most expensive player when he moved to the Blues from Liverpool for £50m ($82.9m, €62.9m) in 2011. But his Stamford Bridge career has stuttered, and he has scored just 20 goals in 110 appearances.
Serie A club Milan want to take Torres to Italy, after seeing Mario Balotelli leave the Rossoneri for Liverpool in a £16m move.
But Gazzetta Dello Sport reports Milan could turn their attention to Fabio Borini, if their move for Torres amounts to nothing.
The Italian is surplus to requirement at Anfield and was close to joining Sunderland, where he spent last season on loan, before the transfer fell through.
Like Torres, Milan want to borrow Borini initially, an idea shot down by Reds' boss Brendan Rodgers, who wants to sell the striker.