Chelsea have a long-term appreciation for Rayan Cherki and previously attempted to sign him before he moved to Manchester City, but the deal failed because Lyon wanted Andrey Santos in return. The club could renew their interest if Cherki becomes available, a situation that could arise if Manchester City faces significant punishment for financial breaches. The 23-year-old French international is under contract until June 2030, and several other clubs including Liverpool, Paris Saint Germain, and Real Madrid have also been linked with him.