But both moves have stalled over financial reasons and the Blues are now threatening to completely withdraw their interest in the attacking duo.
Pricey: Chelsea may pull the plug on their pursuit of Edinson Cavani
In addition to his wages, Cavani would cost £35million in transfer fees.
And Chelsea are not prepared to give in
to the Uruguay striker’s demands and it is understood Blues technical
director Michael Emenalo has told Cavani’s advisers that the club will
not pursue their interest in the centre-forward until he lowers salary.
The Brazil international has an £80million release clause written into his contract - but the Portuguese giants will let him leave for £38m.
Talks between both clubs will accelerate in the coming days after Hulk’s Olympics involvement came to an end at the weekend.
But Porto’s valuation is threatening to scupper the transfer despite Hulk’s attempts to force through a move to Stamford Bridge.
Growing gap: Chelsea once seemed close to landing Hulk but talk has quietened
‘My preference is to play in England or Spain because they are the most watched league in the world. Now is a great time for me to move.’
Meanwhile, Wigan’s demand that Chelsea pay £7million of Victor Moses protracted £10m transfer fee up front is the key stumbling block towards the completion of a deal.
Moses - who will net in the region of £40,000-per-week if his move to Chelsea goes through - is desperate to quit the Latics.
But Chelsea are keen to pay a smaller initial payment with the rest of the few made up in performance related add ons.
Talks between both club’s are ongoing and a compromise is expected to be reached to pave the way for Moses return to London.