Olympiakos are keen to sign Chelsea midfielders Yossi Benayoun and Gael Kakuta after receiving around £6million for the sale of Kevin Miralles.
The forward joined Everton earlier this week and the Greek side are now looking to use the money to strengthen their squad before the transfer window closes on Friday 31 August.
The Daily Mail has reported that Olympiakos have identified the two Chelsea as players that may be prepared to leave their clubs in order to gain more regular first team football.
Benayoun was sent on-loan to Arsenal last season and it is unlikely that he will be in the plans of Chelsea boss Roberto di Matteo who has a wealth of options in midfield.
The former Liverpool man has seen the arrival of Marko Marin, Eden Hazard and Oscar further limit his opportunities, while the same can be said of French attacking midfielder Kakuta.
The 21-year-old was a controversial signing for Chelsea back in 2007 and has since struggled to force his way into the first team under a variety of managers; making just six Premier League appearances.
According to the report in the Mail, Marseille have also shown an interest in Kakuta and do have funds available after selling defender Cesar Azpilicueta to Chelsea for £7million.
Kakuta spent the second half of last season on-loan in France with Dijon and he may well consider a permanent move away from a club in which he has struggled to make an impact.
Benayoun is believed to be considering the idea of moving to Olympiakos, but is currently in discussions with his wife about whether to uproot their family from London.
The Israel international has spent the last seven years playing in England since first moving to West Ham back in 2005 and he may want to see if a stay in the country with another club is a possibility.