Following a third-place finish in the English Premier League and earning a berth in the UEFA Champions League next season, Chelsea is set to enter the summer with plenty to build on.
The Rafa Benitez era at Stamford Bridge is over, but with the strong possibility of former Blues boss Jose Mourinho returning to England for another coaching stint, Chelsea is seemingly just a few moves away from returning to championship form.
Below we'll highlight Chelsea's most coveted targets this offseason.
If Chelsea, and potential new manager Jose Mourinho could only land one player this summer, the Blues would love it to be Radamel Falcao, according to the Mirror's John Cross: "Mourinho, who will be free to join Chelsea on June 2, wants three defenders, two midfielders and a striker with Atletico Madrid striker Radamel Falcao at the very top of his hit-list."
A 27-year-old striker from Colombia, there are few football fans around the world who aren't familiar with the Atletico Madrid forward.
Only Lionel Messi and Cristiano Ronaldo scored more goals in the Spanish Primera Division last season than Falcao, who netted 28 in 33 league appearances in 2012-13.
Falcao's nose for goal has no doubt made him a coveted piece this summer for Chelsea, but it remains to be seen how his game would translate to the English Premier League game.
Chelsea would also love to bolster its midfield this summer, showing interest in Malaga's Francisco Alarcon Suarez, better known as Isco. Per Cross, "They also fancy Malaga's in-demand midfielder Isco who is set to leave this summer with Manchester City also keen."
A 21-year-old attacking midfielder, Isco led Malaga with eight goals in La Liga last season. He finished the season with 11 in 45 appearances in all competitions.
Prior to joining Malaga in 2011, Isco played for Valencia, where he blossomed into one of the continent's most effective young midfielders.
With many years of elite football still ahead of him, Isco's future looks bright, regardless of where his game takes him.
While Petr Cech is still the man for Chelsea between the posts, the Blues may have their eye on a potential replacement down the road. Once again, according to Cross, "Mourinho has also recommended that Chelsea recall Belgian keeper Thibaut Courtois, 21, from his loan spell at Atletico Madrid."
Which player is Chelsea most likely to acquire this summer?
Courtois is one of the most promising young goalkeeping prospects in Europe at the moment.
The 6'6" Belgian was strong in Atletico's 2-1 win over rival Real Madrid in the Copa del Rey final this May, and he recorded 77 saves while conceding just 28 goals in 35 appearances for Los Rojiblancos in La Liga this past season.
If Chelsea could acquire Isco and Courtois this summer, the Blues would be off to a great start in terms of building a young, talented core to keep them in contention for years to come.
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