The Blues are said to be drawing up a list of replacements for Mauricio Pochettino.
The Argentine has seen his stock drop a great deal after they lost the Carabao Cup final.
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Per The Mail, co-owner Todd Boehly is ready to fire yet another manager in his time in charge of the club.
The Blues have sacked Thomas Tuchel and Graham Potter, and had Frank Lampard as an interim last term.
However, Sporting CP manager Ruben Amorim is being seen as an alternative.