Chelsea were unable to win a domestic trophy in Frank Lampard's first season in charge after they suffered defeat to Arsenal in the FA Cup final.
Whilst the Blues are still in contention in the Champions League, a 3-0 defeat to Bayern Munich means their chances of lifting any silverware this season are thin.
Will that impact the sorts of players they are able to attract to Stamford Bridge, or will it just underline Lampard's need to strengthen his squad even more?
Here are all the latest Chelsea transfer rumours.
Bosz on Havertz future
Bayer Leverkusen boss Peter Bosz has dropped a huge hint on Kai Havertz future.
Revealing he knew exactly what the attacking midfielder wanted in the future, Bosz said he was impressed at how Havertz handles speculation over a potential move to Chelsea.
“I won’t tell, it’s his business,” Bosz told German news agency DPA.
He added: “I talk to Kai a lot and try to sense what all this does to him – the daily transfer rumours, for example – and I notice again and again that Kai handles it very well.”
Asked if he knew when the expected move would happen, Bosz said: “It’s impossible to say. Maybe the decisive call will come today, maybe next week, maybe not at all."
Blues boss told of Kepa deal
Jamie Carragher has warned that Chelsea must sell Kepa Arrizabalaga.
The goalkeeper was once again on the bench for Chelsea's FA Cup final defeat to Arsenal and is heavily linked with the exit door after a poor season at Stamford Bridge.
Carragher warned that the Blues must change their keeper or else they will struggle to progress.
He said: "Chelsea won’t go any further unless they change their goalkeeper."
Bakayoko demands lowered
Italian newspaper Corriere Della Sera report that AC Milan have had their hopes boosted over a potential return for Tiemoue Bakayoko.
The midfielder spent last season on loan at the San Siro and does not look to have a future at Chelsea, having been sent on loan to Monaco this season.
Milan are keen to sign him but were unable to afford his hefty buy-out clause last year.
However, the Blues are now open to selling the 25-year-old and may well lower their demands, handing Milan a significant boost over a potential return to the San Siro for the player.