The current king of Europe will enter the competition to be held in Japan in December at the semifinal stage along with Copa Libertadores holder Corinthians of Brazil.
The Mexican club qualified for the competition by winning the CONCACAF Champions League for North and Central American and Caribbean teams, while the Asian tournament remains at the quarterfinal stage.
Monterrey and the Asian Champions League winner will meet in the quarterfinals of the FIFA competition to determine the world's top club, which will be held in Japan over ten days in December, to earn the chance to face the Blues.
Chelsea qualified for the competition by winning the UEFA Champions League, defeating Bayern Munich on penalties at the Allianz Arena in the final.
Saudi Arabian teams dominate the list of eight contenders still competing for the Asian Champions League. Al-Ittihad, Al-Hilal and Al-Ahli are all still in the tournament.
Sepahan of Iran, Guangzhou Evergrande of China, Adelaide United of Australia, Bunyodkor of Uzbekistan and Ulsan Hyundai of Japan also remain in contention.
In the other side of the draw, the winner of the J.League - Japan's top flight - will qualify as host and face Auckland City, which won the OFC Champions League in Oceania, in a playoff.
The winner of that match will face the AFC Champions League winner of Africa, with that tournament currently at the semifinal stage, in the quarterfinal. The victor there will go on to face Corinthians, winner of the Copa Libertadores in South America, in the semifinal.
The African teams still in contention for a place in Japan are Mazembe of the Democratic Republic of the Congo, Esperance of Tunisia, Sunshine Stars of Nigeria and Al-Ahly of Egypt.
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