After a trophy-less season in 2007/08 and failures in the Champions League and Premiership in 2008/09, Chelsea look set for an overhaul. Chelsea have said they want to make a marquee signing this summer and it is expected they will make moves for a big name defender, midfielder and forward.
Who will Chelsea go out and get? This is my list of the top 10 most likely Chelsea transfer targets.
Chelsea showed their interest in Atlético Madrid's Sergio Agüero earlier in the transfer window but were put off by the Argentine's rumored wage demands of £200,000 a week.
The club's desire to retool their strike force as well as land a marquee signing keep the door open for Agüero. A rumored imminent bid from Manchester United could reignite Chelsea's interest in the forward, regardless of wage demands.
Arsenal appear to be ready to cash in on the Togo target man with Carlo Ancelotti quite keen on the striker, nearly signing him while at AC Milan in last year's transfer window.
Arsenal are desperate to keep Adebayor out of Chelsea's grasp, rumored to have offered him to Milan and Inter but there seems to be less demand than last season.
If Arsene Wenger really is to cash in on 'Ade' Ancelotti's Chelsea side could be the highest, or only bidder.
Carlos Tévez announced he would leave Manchester United after seeing reduced playing time at Old Trafford this season and the club's unwillingness to sort out the players future before his loan deal expired.
The two clubs with any shot to land the Argentina forward are Chelsea and Manchester City as Tévez has said he will not leave England.
Rumors are rampant that Tévez has already decided to sign for City but Champions League football could yet tempt Tévez to swap Manchester for London.
Although David Villa has reiterated his desire to stay in Spain, Valencia need to raise as much money from his sale as possible. His rumored first choice, Real Madrid, have said that Valencia have overvalued the forward.
This left the door open for Barcelona to sign Villa.
But rumors have Manchester United making a run at the Spaniard in a £40 million move. Should the United rumor gain steam, Chelsea's reported £45 million interest, larger wage packet and Adidas sponsorship could persuade Villa to go abroad after all.
Rafael van der Vaart has had a trying season at Real Madrid, failing to duplicate the form he showed at Hamburg and for the Netherlands during the European Championships last summer that made him one of the most sought after midfielders in the world.
With the installation of Florentino Pérez as president and the Galacticos project 2.0 in full effect, van der Vaart has found himself on Madrid's transfer list. He's been linked to Chelsea since January and considering the London side's aging central midfielders, they may take a risk on the Dutchman.
Pérez's desire to offload the marquee signings of his predecessor Ramón Calderón, coupled with van der Vaart's dip in form could make him a fairly affordable addition to Chelsea.
Zlatan Ibrahimović has ruffled some feathers at Inter, saying that he's won everything there is in Italy and it's time for a change.
His status as one of the best forwards in the world would qualify him for Chelsea's desire for a marquee signing. Although Real Madrid and Barcelona have also been linked with the Swede.
Ibrahimović's agent recently said that he believed his client would start the 2009/10 season in a Chelsea shirt.
When Carlo Ancelotti became manager of Chelsea, he said that he wanted to bring as many as three or four players with him from Milan. Andrea Pirlo, arguably the best playmaker in the world at the moment, has consistently been tipped to join Ancelotti in London.
Pirlo would certainly help make Chelsea play more attractive football, the stuff that owner Roman Abramovich desperately craves. But on the wrong side of 30 and Milan valuing the midfielder at no less than £20 million, he could prove too costly for too short of shelf life.
Arguably the most exciting player on the Russian National Team, Yuri Zhirkov has been a long-time target of Chelsea's Russian owner, Roman Abramovich. Zhirkov has said he would love to play for Barcelona but his Russian passport makes him quite likely to wind up at Chelsea.
Zhirkov can play any position on the left, from wing back to winger, making him invaluably versatile. Should he come to Chelsea, it could cause selection headaches for Carlo Ancelotti.
A revitalized Florent Malouda in the wing position and Ashley Cole, who the club are rumored to value highly, at back appear to have the left side sewn up.
Arguably the best right back in the world, Maicon appears to be discontent with life at Inter and their lack of success in the Champions League. Chelsea spent £17 million for their Portuguese right back José Bosingwa just one year ago but were dissatisfied with his performances as evident by their interest in Maicon and Glen Johnson.
Inter have said they don't want to sell Maicon, but his public dissatisfaction with the club has given Inter few options otherwise. It's rumored that £13 million plus Ricardo Carvalho and Deco should be enough to land the Brazilian.
Although Daniel Sturridge is not a Chelsea player yet, it's only a matter of time before he is.
The 19-year-old Manchester City forward's contract expires at the end of the month and could not agree to terms with City. Depending on who you believe, Sturridge demanded between £55,000 and £80,000 a week.
City balked and he'll leave on a free transfer July 1.
Chesea will be forced to pay some amount in compensation, though. As Sturridge is less than 24-years-old, he cannot leave without compensation to his club.
City value the English forward at £10 million while Chelsea believe he is only worth £3 million. A tribunal will determine what the fee to be, likely to be somewhere in the £6 million region.