The Portuguese international transferred from Atletico Madrid to the Blues in January on loan.
Atletico is reportedly asking for roughly €100 million for the midfielder this summer. The Blues will look for another financing arrangement even if they are hesitant to pay such a sum.
As Erik Den Hag looks to bolster his team in preparation for the next season, Manchester United has also joined the competition to recruit the player from the Spanish capital city club.
Since his arrival in West London, Felix has begun to show hints of his enormous potential. Despite appearing in every game for Chelsea, the Portugal international has only scored one goal.
Chelsea is interested in acquiring the 23-year-old on a permanent basis this summer because they think he still has more to offer.
The Blues, however, fell short of Atletico Madrid's assessment of 100 million euros.
According to the Daily Mail, the Blues will instead inquire about loaning the midfielder to them for the whole season.
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