No confirmation has come from the keeper or the Blues yet but reports are suggesting the deal will be wrapped up in the next couple of days in what will be the defending champions’ first signing of the summer.
Caballero now looks set to fulfil a similar role at Stamford Bridge as the Blues look to bring him in as a replacement for Asmir Begovic after his recent move to Bournemouth.
Chelsea have reportedly made their first summer signing and while supporters will have to wait until July 1 to find out who it is, there are early hints.
Cesar Luis Merlo has been tracking this story from the Boca Juniors angle, confirming once again that their former player isn’t coming back to Buenos Aires just yet, choosing London and Chelsea instead.
After Manchester United, Manchester City, Arsenal, Liverpool and Everton all announced impending arrivals, Chelsea fans, including ourselves, were beginning to get disgruntled.
It has been reported that Newcastle manager Benitez wants a wise and experienced head behind his defence – Caballero would certainly fit the bill.
There is also some doubt over the future of Joe Hart, who is not expected to rejoin the Manchester City squad following a season on loan with Torino.
Caballero has been allowed to leave City after the signing of Ederson, with the Argentine veteran now available on a free transfer.