The Blues have been in search of a manager since the sack of Graham Potter.
Although Frank Lampard, a former Chelsea player and manager has been appointed as Caretaker until the end of the season.
Sportsmail reported that the former manager of Tottenham conducted more discussions with the Stamford Bridge administration on Tuesday as he gets closer to a Premier League comeback.
Pochettino's hiring has reportedly advanced, and Chelsea hopes to finalize a deal by the end of the week, according to talkSPORT.
The 51-year-old Argentine hasn't had a managerial position since being fired by Paris Saint-Germain at the conclusion of the previous campaign.
Elsewhere, the Blues will welcome Brentford to the Stamford Bridge on Wednesday night in their Premier League match.
Lampard is still expected to take charge of the team for the remaining few games of the season as.
Chelsea are in 12th place in Premier league table, a place in the top half of the league standings will be priority for the West London side.
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