Chelsea have reportedly identified Real Madrid midfielder Isco as a potential transfer target ahead of the summer window.

Earlier this week, it was suggested that Manchester City are looking to bring Isco to the Premier League, with the Spain international allegedly contemplating a move at the end of the season.

Isco could potentially cost in the region of £75m, but according to the Daily Mail, Chelsea are weighing up the possibility of launching a bid for the 25-year-old.

The Blues have dropped off the pace in England's top flight this season and changes are expected at Stamford Bridge, especially if the club miss out on a place in the top four of the Premier League table.

However, should Chelsea show an interest in Isco, Real will likely start asking questions regarding the availability of Eden Hazard, who continues to be strongly linked with a switch to the Bernabeu.