Cesc Fabregas has cut a disappointing figure at Chelsea this term after failing to nail regular starts under new boss Maurizio Sarri.
The veteran midfielder has entered the final run on his contract which is not due until the end of the season.
Chelsea will not hold on to the former Arsenal man and are ready to allow him switch to another European club in January.
The midfielder has gathered plenty of attention from top clubs across Europe and outside the Premier League.
French outfit Monaco are hopeful they can grab him in January. Monaco are near the foot of the Ligue One table at 19th position and new boss Thierry Henry will do anything to salvage his team from relegating.
Getting Fabregas is on their cards and first on their shortlist of options if his deal does not pull through eventually.
Monaco can try to throw the kitchen sink in their games in this latter half of the season, but could find it labouring heaping enough steam to propel them out of the relegation zone into safety.
If Henry cannot convince his former Arsenal teammate to take the plunge, Arsenal’s Laurent Koscielny and Madrid’s Pepe have already been lined up.
The boss Maurizio Sarri, who’s position is to keep the Spaniard has asked Chelsea to make funds available for the Spaniard’s replacement should he leave the club this year.