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Chelsea are set to recruit the Porto manager André Villas-Boas, according to reports in Portugal, and the coach has accepted the offer to work in London.

Villas-Boas will earn €5m (£4.4m) a season, the exact salary José Mourinho earned at the west London club, according to Jornal de Notícias. Chelsea will also pay the €15m (£13.2m) release clause in the manager's contract. Maisfutebol reported on Monday that Porto are just waiting for Chelsea to deposit the €15m before officially announcing the departure of their manager.

However, in a statement to the Portuguese Securites Market Commission on Monday lunchtime, Porto said that they have not received an offer which meets the release clause. Chelsea made no comment on the situation on Monday morning.

Villas-Boas has already informed Porto of his decision to leave for the English club, a source linked to the process told the Agência.

On Sunday the Porto president Pinto da Costa said "if a club pay the €15m and if he wants to leave, FC Porto can't do anything about it".

Apparently, Villas-Boas is now willing to leave the "dream job" (a reference to how Da Costa described his position at Porto) to re-join the club where he worked with Mourinho.

Villas-Boas led Porto to the domestic double and Europa League success last term and Chelsea are looking to fill the vacancy created by the sacking of Carlo Ancelotti.

Chelsea's owner, Roman Abramovich, may leave €45m in the coffers at Porto's Dragão stadium in total, moreover. According to A Bola, he also wants to take the Colombian forward Falcao to London as a sweetener for Villas-Boas's signature.

Chelsea have also been in negotiations with Guus Hiddink about returning to the club he briefly managed in 2009. Chelsea have been considering the Dutchman for either the coach's job or the sporting director role – should he take on the latter then there would also be room for Villas-Boas to take a position at the club.

However, his agent, Cees van Nieuwenhuizen, felt the Dutchman would be wary of taking the director of football role. "One hundred per cent we have never discussed that, and I know Guus has not given it a thought for one second. He has a tough enough challenge trying to qualify Turkey for the Euros. And if he does that then he will be going to the finals next year. And if he doesn't then it will probably end with Turkey in November."



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