The Blues managed to secure a deal for Raheem Sterling from Manchester City and were hoping to snare away one more of their stars this summer.
Chelsea are in the market for centre-backs and had their eyes on Citizens star Ake, with the Premier League champions open to selling him for the right price.
However, the Londoners have suffered a blow in their hopes of signing the Dutchman this summer as he is set to stay at the Etihad Stadium.
Chelsea did not match Manchester City’s demands for the centre-back and they along with the player decided that he will remain a part of Pep Guardiola’s squad.
Although Ake has so far failed to nail down a starting role under Guardiola, he is happy to remain with the Mancunians.
Chelsea are set to make Kalidou Koulibaly their first centre-back signing this summer, but still have vacant spots to fill in their backline following the exits of Antonio Rudiger and Andreas Christensen.
The Blues are continuing talks with Paris Saint-Germain over a deal for Presnel Kimpembe.
