Chelsea have been set a price of £30million to complete the transfer of West Ham striker Enner Valencia, Metro reports.
With Gonzalo Higuain set to join Manchester United according to reports in England, the Blues are ready to give up the chase and focus on West Ham United's Enner Valencia.
The 25-year-old will be one to watch during this summer's Copa America after a very positive season in the Premier League.
Last week, the Ecuadorian spoke about a possible move to Chelsea.
"We are going to see what happens after the Copa America - a competition in which I think we are going to do good things," Valencia is quoted as saying by Express Sport.
"I have heard of the [interest from] Chelsea, yes. And other teams. But we are going to wait. You have to see what happens.
"If it is for my good and that of West Ham, then it is welcome."