Chelsea have delivered their contract offer to the agent of Porto star Hulk. The Times says Chelsea are willing to pay Hulk €170,000-a-year to made the move to Stamford Bridge.

The package has been tabled to Hulk's agent Teodoro Fonseca and Chelsea now hope it will convince his camp to push Porto to sell him.

Chelsea are banking on pressure from Hulk to force Porto to drop their asking price for the striker. The Blues made an offer of €37 million for the Brazilian earlier this week, while Porto are holding out for €50 million.