Chelsea misfit Deco is an £8million target for Italian champions Inter Milan.
Inter boss Jose Mourinho is still a big admirer of the Portuguese international, who played under him at Porto.
World Cup star Deco, 31, could now be allowed to move on this summer - if Chelsea can do a deal without making a huge loss on their outlay.
Mourinho's longterm future is still uncertain after Inter's poor Champions League campaign this season. But the Italians still fancy Deco and have made discreet enquiries as he is no longer a regular in the Blues team under Guus Hiddink.
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Meanwhile, Ashley Cole is ready to pledge his long-term future to the Chelsea.
The club are set to offer 28-year-old Cole a new deal this summer, as they also look to tie down his fellow England star Joe Cole.
Former Arsenal fullback Cole, said: "Since I've been at Stamford Bridge, I've had a great time and won a lot of trophies.
"But I want to win a lot more in the future with Chelsea."
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