Theo Walcott (L) & Ashley Cole
Theo Walcott could be set to link-up with his England colleague Ashely Cole at Stamford Bridge next season. Reuters

Chelsea could be prepared to try and solve their long-running problem at right-back by making a move for Inter's Maicon. The Daily Mail reports that the Blues are favorites to sign the £6 million-rated Brazilian after Real Madrid decided that his high wages do not represent value for money.

New boss Roberto Di Matteo is thought to be after a right-back this summer after Jose Bosingwa's departure. Branislav Ivanovic has regularly played in the position since his arrival at Stamford Bridge in 2008, though he is still seen as better-suited to playing in the center of defense. The Blues have also been linked with a move for France's right-back Mathieu Debuchy, who is being chased by Newcastle.

Chelsea could be set to further reinforce the right side of their team with a move for Arsenal's Theo Walcott. With the England winger entering the final year of his contract, Chelsea are thought to be one of a number of clubs interested in prying him away from the Emirates.

The Daily Mirror reports that Chelsea could now be set to launch an official bid for the 23 year old. The story claims that Arsenal are prepared to listen to offers for the man who joined them as a 16 year old from Southampton. A deal worth £15 million may be enough to secure his services.

If the Champions League winners fail to land Walcott then they could return with an increased bid for Wigan's Victor Moses. The Blues are already thought to have had two offers rejected for the 21 year old, with Latics chairman Dave Whelan not prepared to let one of their star performers leave on the cheap, despite Moses having just a year of his contract remaining. According to the Mirror, Wigan are thought to be holding out for £12 million.

Chelsea may have to ward off interest in one of their own key performers this summer with the Daily Mail reporting that Paris Saint-Germain are interested in captain John Terry. The Ligue 1 side have a virtually bottomless supply of money courtesy of their Qatari owners and could easily match Terry's bumper wage packet at Stamford Bridge.

PSG will also feel that their chances of landing the 31 year old are boosted by the fact that they are managed by former Chelsea boss Carlo Ancelotti. Though Terry has flirted with a major pay-day elsewhere before when Manchester City pursued the center-back, it seems highly unlikely that he would move on at this stage of his career.