Porto have set their asking price for Chelsea target Hulk.

Record says Chelsea will have to match the £39.5million being offered by Zenit Saint Petersburg if they want to land Porto star Hulk.

The Stamford Bridge side have been tracking the Brazil striker for the past two seasons, despite showing an unwillingness to match the high fee being demanded by the Portuguese club.

It's been revealed Hulk has been given permission to discuss personal terms with Zenit.