Chelsea have confirmed they are keen on signing Sevilla ace Daniel Alves, but insist they have not agreed a deal for the Brazilian.
Widespread reports on Wednesday claimed Chelsea were on the brink of signing of Alves after finally agreeing a fee with Sevilla.
Alves is looking to leave Sevilla and he has expressed his desire to secure a move to Stamford Bridge.
The attacking full-back left out of Sevilla's squad for Wednesday's UEFA Champions League qualifier with AEK Athens fuelling speculation that a move was imminent.
Chelsea have moved to clarify the situation revealing their interest in Alves, but playing down talk that a deal has been done.
A Chelsea statement read: "Chelsea have confirmed their interest in the player to the club but as yet there is no agreement."
Real Madrid are also believed to be chasing Alves and they could yet rival Chelsea for the South American's signature.
Meanwhile, Chelsea youngster Scott Sinclair has signed a new four-year deal at Stamford Bridge.
The highly-rated winger enjoyed a spell on loan at Plymouth last season and he has now established himself as a member of Jose Mourinho's first team squad.