The report states that the England global is attracted by the suggestion of a Stamford Bridge move as it appears as though he will receive a higher wage in addition to playing in the Champions League.
Chelsea clearly need to make swift progress to embolden their squad ahead of the new season, and Chamberlain appears to be a good place to start. "He's had some small injuries but previous year he was much more stable".
The England global has just one-year remaining on his Gunners contract, but has yet to sign a new one, leading to suggestions he could be on the move, with Chelsea, Liverpool and Manchester City all interested.
Chelsea have launched a £25million swoop for Arsenal star Alex Oxlade-Chamberlain.
The report suggests Chelsea's presence in the Champions League - along with a potential pay-rise at Stamford Bridge - could be two key factors as Oxlade-Chamberlain weighs up his future move.
Antonio Conte has vented his frustration at the lack of signings this summer, despite securing four players so far, as the Blues boss knows he needs a much stronger squad if Chelsea are to compete on all fronts. Personally I believe he is a hugely talented player who is on the way up.
The north London side have also signed Alexandre Lacazette in a club-record £52m deal from Ligue 1 side Lyon.
Used in a variety of positions, The Ox hasn't cemented himself as a first team starter in six years with the Gunners, having made 83 of his 195 appearances from the bench.