But there has been little news since, with Porto reportedly driving a hard bargain over their valuation of the 25 year old. Mega-rich Paris Saint-Germain are also said to be interested, and Hulk has said that he has plenty of options and he remains relaxed about his future.
I am not desperate to leave Porto, Hulk said, according to ESPN. I love the fans and have always been happy at the club. If a club reaches agreement with Porto, then I will go. But there is no rush as the transfer window runs until August.
I honestly do not know my future. All I know is that there are several others besides these two clubs that have shown interest in me.
If a move for Hulk fails to materialize, Chelsea may turn their attentions to a less expensive alternative in the form of Wigan's Victor Moses. Latics chairman Dave Whelan revealed that the club has already rejected a £4 million offer for their wide man. According to the London Evening Standard, Chelsea are now set to return with a second offer of £6 million. Despite Moses having just a year remaining on his contract, it may take a bid nearer the £10 million mark to secure the 21-year-old.
Both Didier Drogba and Salomon Kalou have been allowed to leave this summer, meaning Chelsea could also turn to Fiorentina's Stevan Jovetic in an effort to boost their attacking options for next season The Daily Mail reports that the Blues have already tabled a £20 million offer for the Montenegrin, who can play as a striker as well as in a more withdrawn or wide role.
Quoting a story from La Gazetta dello Sport, it is believed that if Chelsea ups their bid to £25 million, the Viola may be willing to do business. Juventus and Napoli are also said to be interested.
Chelsea will perhaps be looking for a more traditional number nine in the mold of Drogba to provide another option to Fernando Torres in their striking ranks. Atletico Madrid's Radamel Falcao has been strongly mentioned as has Uruguayan Edinson Cavani.
The Napoli star has emerged as one of the world's premier frontmen in the past two seasons and showed Chelsea fans just what he was capable of with a goal in the Partenopei's 3-1 first-leg win against the Blues in their Champions League round of 16 tie.
Understandably, though, despite not qualifying for the Champions League for next season, Napoli remain determined to hang onto their prized asset.
I can confirm that Cavani is not for sale at any price, Napoli sporting director Riccardo Bigon said, according to ESPN. The president has made it clear to everybody what he feels about this.
We don't have any meetings scheduled to discuss his future. There's no need to talk about it.
There remain doubts about Chelsea's continued interest in Luka Modric. The Blues made three bids for the Tottenham midfielder last summer, but Real Madrid and Manchester United appear to be better positioned to sign the Croatian this time around.
If Chelsea are to reignite their interest, as defender Branislav Ivanovic has urged, then now would be the time to act. According to the Sun, Modric is ready to submit a written transfer request to the White Hart Lane hierarchy.