Chelsea won't be offering new contracts to Jose Bosingwa and Salomon Kalou.
The Daily Mail says the club will announce their retained list later on Thursday and both names are likely to be omitted along with that of striker Didier Drogba who announced his departure earlier this week.
Bosingwa, 29, had a one-year option on his contract at Stamford Bridge, but the club have opted not to take it up.
The Portuguese international signed for Chelsea after impressing at Euro 2008. He was signed by Luiz Felipe Scolari for £16.2million but has struggled to hold down a regular first team spot.
Kalou meanwhile, has been at Chelsea for six years after signing from Feyenoord for around £8m.
The 26-year-old made more than 250 appearances, including a start in Chelsea's Champions League final victory against Bayern Munich on Saturday, and scored 60 goals for the Blues.