Fernando Torres is still not someone that the Blues can rely upon, and they have yet to fill the void left by Didier Drogba. As such, a striker remains the top priority for Jose Mourinho.
Falcao was thought by many to be the top target for Chelsea, but he would also have been an expensive one. Here are five alternatives that could be just as good, if not better, for the Blues.
If medical and personal terms can be agreed, Schurrle will be a good addition to the Chelsea squad. Although he does not have the goal-scoring record of Falcao, his pace and flexibility will make him a valuable squad member for the Blues.
If Lukaku stays at Stamford Bridge this season, rather than leaving on another loan deal, this could be the year in which he fulfills his potential to succeed at the top level.
The Belgian might need one more season on loan to get more playing time, but Chelsea might just be the perfect place for him next season. He has athleticism and an eye for goal that echoes Didier Drogba in the best way. And if there is one coach that can help him become Chelsea's No. 1 striker, it is Jose Mourinho.
Edinson Cavani has an incredible record that would make him an asset to any team, but the striker also has a number of other potential suitors.
Aside from all of the other clubs that are vying for Cavani's attention, the price tag will be another sticking point. The Uruguayan has a reported £53 million release clause in his contract, but do Chelsea really need another £50 million striker?
Lewandowski scored 36 goals in all competitions this season and led Borussia Dortmund to the Champions League final. If Chelsea sign him this summer, they will be hoping that he can do the same for them.
Lewandowski is a natural goalscorer and could be a real boost if he brought his abilities to Stamford Bridge.
Wayne Rooney did not have the best season for Manchester United, but there is no doubt that he remains a quality striker. With the right manager, and the right team, Rooney could find his form in no time.
In light of last season's performance and his request for a transfer, this might be the best time for the Blues to get a good deal on Rooney.