Chelsea are interested in Ukraine international Andriy Yarmolenko.
The Dynamo Kiev midfielder is expected to leave Ukraine this summer and is attracting interest from across Europe.
Fiorentina have been chasing Yarmolenko since the New Year, but TMW says Chelsea and Valencia are now front of the queue for his signature.
Dynamo president Igor Surkis has stated in the past they'd only sell Yarmolenko to a major club.
Before the winter market, Surkis declared: "He can go for transfer in the winter, conditional on it being Real Madrid or Manchester United."