The red tops believe that Roman Abramovich must be in a happy mood as they have linked Chelsea with a swoop for Athletic Bilbaoâ€™s 21-year-old midfielder Javi Martinez.
With Ballack supposedly moving on and Lampard reaching his 31st birthday, the time may be right to start grooming a youngster to take on their midfield responsibilities in the future.
Martinez was always destined for greatness. He joined Osasuna as a 10 year old and by the age of 17 he was sold to Bilbao for â‚¬6 million without having ever played for the first team.
Since his debut in the 2006-2007 he has made 129 appearances scoring 14 goals, seven of which have come this season.
Martinez is a versatile midfielder and is able to play in the middle or on the left flank. His favoured position is in the middle where his 6ft 3 inch frame and rangy running style enables him to cover ground quickly. He is always looking to get on the end of flighted balls with late runs into the box.
The young midfielder would be a perfect fit for the Premier League. He is strong in the tackle and bears an intimidating physical presence. He is a good passer of the ball and boasts natural leadership qualities. He will not shirk a physical battle.
However, he has suffered some problems with his left knee, which for the past two seasons has meant that he has had to sit on the sidelines for three to four weeks.
Martinezâ€™s combative nature and youthful exuberance has seen him become a good friend of the referees in La Liga, this season he has been yellow carded 12 times and seen one red card.
The young Spaniards release clause is set at Â£17.1million, a lot of money for a player who hasnâ€™t even appeared for the Spanish national team. Nevertheless, this is a player that Chelsea fans should crave as he can become a mainstay of their midfield for years to come.
With Ancelloti looking to promote new players to what is an ageing Chelsea squad, Martinez would be an excellent addition.
For video evidence of Javi Martinez can be seen here.