Chelsea have tabled a bid for Internacional forward Oscar, according to the player's agent.
Oscar, 20, has long been tipped for a move to Europe, with Tottenham thought to be leading the race for his signature. But it appears that Spurs boss Andre Villas-Boas could be beaten to the punch by his former paymasters.
Indeed, ESPN understands that the Portuguese coach's No. 1 target is Porto midfielder Joao Moutinho, amid suggestions Real Madrid are in talks over the signing of Luka Modric.
"Chelsea did offer €25 million, but there is still no agreement between the clubs, that may happen in the next few days," Carlos Meinberg Neto told Terra.
"Giuliano Bertolucci (Oscar's other agent) will travel to England to finalise the remaining details."
Spurs are not, however, out of the hunt according to Neto: "Tottenham also made an offer, but he should accept Chelsea's offer as there is more exposure there."
The Brazilian playmaker is all set to showcase his talents in London this summer after being named in Brazil's Olympic squad.