Chelsea to splurge £70m on Bastian Schweinsteiger, Marek Hamsik, Angel Di Maria & Neven Subotic - report

Chelsea are targeting the signatures of four leading young European players to infuse some youth into their ageing squad, according to The Express.

The Stamford Bridge outfit have reportedly made Bayern Munich midfielder Bastian Schweinsteiger, Napoli's Marek Hamsik, Borussia Dortmund defender Neven Subotic and Benfica winger Angel Di Maria their top transfer targets during the summer.

Schweinsteiger, 25, is the oldest of the quartet as the Blues look to secure the building blocks for a successful future.

Club owner Roman Abramovich is said to be in agreement with a binge on the transfer market, following the recent lifting of the transfer embargo that had originally been imposed by FIFA for the illegal transfer of Gael Kakuta.

It is claimed that the influx of fresh faces will take place irrespective of the club's fortunes this season - even if the best case scenario of winning the treble comes to pass.

The prospective moves are believed to be the first step by Abramovich and manager Carlo Ancelotti in a transition to add younger players to a squad that boasts several big names now in their thirties.

Currently, Didier Drogba, Frank Lampard, Paulo Ferreira and Ricardo Carvalho are all 31 years old, while Deco is 32, and Juliano Belletti and Michael Ballack 33.

The Express conjectures that the addition of the four young stars will pave the way for Ferreira, Belletti and Deco to leave Stamford Bridge as Chelsea focus on a new generation of players.