The Blues are ready to pay £35m for Uruguayan star Cavani, who tore them apart in last season’s Champions League.
But Napoli could push them higher for the man who is earmarked to replace Didier Drogba.
And with owner Roman Abramovich sparing no expense to defend the club’s Champions League title, he has also sanctioned a £25m deal for Internacional’s Oscar.
Earlier in the summer, Napoli were demanding in excess of £50m for Cavani, who has scored 66 goals in his two seasons in Naples.
But they are now ready to start talks at a more realistic price.
Internacional president Giovanni Luigi last night confirmed he is close to an agreement for Oscar, 20, who is in Brazil’s team for the Olympics.
Luigi said: “I want the transfer of Oscar to be the biggest deal ever in Brazilian football — and the Chelsea offer isn’t far from that.”
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