Stamford Bridge owner Roman Abramovich has tried three times to sign the Ukrainian international and now finally appears to have got his man with a deal reportedly struck that will net the 29-year-old frontman at least Ј110,000 a week, according to Daily Mail.

The Blues are said to be willing to match the Rossoneri`s valuation, with Hernan Crespo earmarked to return to the San Siro as part of a blockbusting Ј35million deal after his loan spell in Milan last season.

Despite the west London club`s dominance in the Premiership, Crespo and Didier Drogba have been far from prolific and Jose Mourinho sees Shevchenko`s arrival as crucial in taking his side onto the next stage in Europe.

Bayern Munich midfielder Michael Ballack is also expected to join in the summer while Chelsea`s deal with AEG, who operate four MLS franchises, will increase speculation that Freddy Adu is bound for London