The Stamford Bridge side are looking for a permanent successor to Jose Mourinho, who left the club in December last year, with interim boss Guus Hiddink stating on a number of occasions that he would not be staying beyond the end of this campaign.
It is reported that the 46-year-old's representatives had begun negotiations with Chelsea director Marina Granovskaia in February. Conte won three Serie A titles with Juventus before resigning in 2014 and then guided the Italian national team through qualifying to the European Championships in France this summer.
However, it was announced last month that Conte wanted to return to club football and would step down from his position as Azzurri boss after the competition.
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