Chelsea boss Andre Villas-Boas says Porto's asking price for Alvaro Pereira is too rich for them.
The left-back is regarded highly by AVB.
But he said: "Alvaro [Pereira] I don't think so based on prices and because we are pretty satisfied with what we have got. Ryan Bertrand has shown fantastically good levels of understanding in the team and talent and Ashley Cole is continuing to perform fantastically well."