Tuttomercatoweb exclusively claims that the Ukraine international has narrowed his options down to the Blues and La Liga giants Valencia, despite interest from Roma, Paris Saint-Germain and the Merseyside outfit.
Liverpool are said to be looking for a new forward this summer, but it appears that Chelsea are ahead of the Reds in the race for Yarmolenko's signature.
The 25-year-old has been in good form this season for Kiev, scoring 15 goals in just 29 appearances.
And Tuttomercatoweb adds that Yarmolenko is now set to decide between either Chelsea or Valencia after seemingly ruling out Anfield as a possible destination.
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Andriy Yarmolenko has been linked with Chelsea and Liverpool in recent times
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