Portuguese playmaker Deco was brought to West London from Barcelona last summer for a fee of £8m and he enjoyed an excellent start to his career with the Blues. However, the 31-year-old struggled for appearances and form during the second half of the campaign, and is now seeking an exit.
Roman Abramovich is prepared to take advantage of Liverpool's own money worries by making the sort of offer he hopes Gillett and Hicks will not be able to refuse.
The Brazilian-born midfielder joined Chelsea from Barcelona last summer and after a bright start to life with the Blues he has been reduced to the periphery at the club following the sacking of coach Luiz Felipe Scolari.
Deco has now made no bones about his wish to quit Chelsea after becoming disillusioned with life at Stamford Bridge.
Chelsea came from behind to win 2-1 at Wembley after Everton's Louis Saha had scored the fastest ever goal in an FA Cup final.
It took just 25 seconds for Saha to break the deadlock with a well-struck volley. The Blues continued to dominate possession for the rest of the first half, and Chelsea quickly regained their composure and equalised through a Didier Drogba header on 21 minutes.
There were few clear-cut opportunities but both sides maintained a high tempo in soaring temperatures and the crucial goal arrived after 72 minutes as Frank Lampard crashed a powerful shot past Tim Howard from distance.
David Beckham believes Chelsea would be getting "one of the greats" if they lure AC Milan coach Carlo Ancelotti to Stamford Bridge. He also added, every single one of the Milan players adores him and doesn't want him to go. They are pleading with him to stay.
The former England skipper has spent the second half of the season playing under Ancelotti at the San Siro. Beckham claims that he have been lucky in his career to play under a few of the best in the business and Ancelotti comes into that category.
