Chelsea have rejected an offer of a partnership agreement with PSV Eindhoven. The Daily Mail says the Blues sent Brazilian defender Alex to PSV for three years over work permit fears in 2004 and also struck a deal for Arjen Robben in the same year when the star forward looked set for a move to Manchester United.
Chelsea sporting director Frank Arnesen is a former assistant coach at the Philips Stadion, while former Stamford Bridge boss Guus Hiddink encourage closer links with the team he won six Eredivisie titles.
However, current PSV coach Fred Rutten has failed to clinch an affiliation that would see young players move between the two clubs.
Chelsea are reported to be unimpressed with the talent coming through in Eindhoven and see little value in sending their own players to a team who won't play Champions League football next season.