Chelsea are close to agreeing a one-season loan deal for Monaco striker Radamel Falcao.
The two clubs are still finalising details of the agreement that will see the Colombia international join Jose Mourinho's Premier League champions.
Last season, Falcao scored four goals in 29 games while on loan at Manchester United, who turned down the chance to sign him for a reported £43.2m.
The 29-year-old is currently with Colombia at the Copa America in Chile.
Last Thursday, Mourinho responded to reports linking Chelsea with a move for Falcao by saying: "It hurts me that people in England think that the real Falcao is the one we saw at Manchester United."
The Portuguese added: "If I can help Falcao reach his level again, I will do it."
Falcao was signed by French club Monaco for £50m in 2013, having impressed over two prolific seasons with Atletico Madrid during which time he scored 70 goals.
Before arriving in the Spanish capital in 2011, he scored 72 goals in two seasons in Portugal with FC Porto, who he joined from Argentine club River Plate in 2009.
Falcao played with Chelsea striker Diego Costa at Atletico, and lined up alongside the Spain international as Mourinho's Real Madrid were beaten 2-1 in the 2013 Copa del Rey final.
The Blues recently released a striker in 37-year-old Didier Drogba, who left the club for a second time at the end of the season in search of regular playing time.
Falcao's Colombia side face an uphill task to qualify from Group C at the Copa America after losing their opening game 1-0 to Venezuela, and next play Brazil tomorrow (kick-off 1.0am Irish time).
Meanwhile, Loïc Rémy is to seek assurances over the role he will enjoy in the Chelsea set-up next season amid fears the imminent arrival of Falcao at Stamford Bridge will further limit the France international's playing time before Euro 2016.
The striker joined from Queens Park Rangers last September, a move which allowed Chelsea to lend Fernando Torres to Milan, but ended up third-choice behind Diego Costa and Didier Drogba.
The Ivorian's departure under freedom of contract this summer had appeared to open the door to greater involvement for Rémy next term, only for Mourinho's desire to sign Falcao on loan from Monaco.
There is interest in Rémy from clubs in the Premier League and Ligue 1, though it remains to be seen how much Chelsea would seek to recoup for a player who cost them £10.5m when they met the buyout clause in his contract at Loftus Road.
Mourinho's instinct would be to retain his services given he contributed seven goals last term from only six league starts, including critical winners against Hull and Stoke in the spring, but he has previously made clear he will not retain players who are unsettled and desire to leave.
While West Ham have recently considered the striker, Crystal Palace would explore the possibility of reuniting Rémy with Alan Pardew, under whom he scored 14 goals in 26 Premier League appearances while on loan at Newcastle from Queens Park Rangers in 2013-14.
Palace finished 10th last term and hope to add two or three eye-catching, established talents to their squad ahead of the new season - they have spoken to Paris Saint-Germain about another former Newcastle player, the midfielder Yohan Cabaye - and would be prepared to offer the striker, who earns around £80,000 a week at present, a competitive wage.