European Champions Chelsea are about to snap up Fluminese wing back Wallace, according to the player's agent Fernando Moraes.

Wallace was rumoured to be part of the deal taking Deco to Brazil a few years ago, but it seems that now the player has turned 18 he will finally make his move to Stamford Bridge.

Moraes did however claim that despite the deal being nearly done, he doesn’t expect his client to be sent out on loan in the near future.

"There are very advanced negotiations with Chelsea and the signature is almost certain," Moraes said, according to Italian radio station Centro Suono Sport.

"If Wallace goes to Chelsea, he will be playing there.

"I had contact with Roma and many other Italian clubs, but that was a long time ago.

"I rule out the possibility of a loan [from Chelsea to Roma]. If he joins Chelsea he will play for the Blues." (Daily Mail)