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Chelsea are believed to be interested in on a move for £16 million-rated Benfica full-back Fabio Coentrao, and will let current first-choice left-back Ashley Cole make a move to Real Madrid.

The 29-year-old is believed to be unsettled since revelations concerning his personal life were made public in the media, and earlier reports point towards the defender having already indicated his desire to make a move away from Stamford Bridge.

Now The Mirror claims that Cole has since been repeatedly indicating to manager Carlo Ancelotti that he wishes to leave, and the Blues are consequently close to securing a deal for the Portugal international.

The west London club are thought to be in talks with the Portuguese heavyweights over the potential acquisiton of Coentrao, as well as his team-mate David Luiz.

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