Chelsea are reportedly poised to sanction the sale of Oscar to Shanghai SIPG after the Chinese Super League club tabled an offer believed to be in the region of £60m.

With the 25-year-old currently out of favour at Stamford Bridge, the club has formalised its interest in the Brazilian.

Andre Villas-Boas, who is currently in charge at Shanghai SIPG, is known to be an admirer of the player and previously attempted to sign him for Tottenham in the summer of 2012.

Despite rival interest from Guangzhou Evergrande, managed by Luiz Felipe Scolari, Villas-Boas remains confident of landing the player, according to the Guardian.

Having drifted to the periphery of the Chelsea squad in recent months, Oscar has played only 36 minutes this season under manager Antonio Conte.

With the prospect of a fresh start, guaranteed first-team football and a multi-million bumper package, Oscar is believed to be open to the prospect of moving to China.

If the deal is finalised, the Brazilian will become the most expensive player to leave the club since his compatriot David Luiz joined Paris Saint-Germain in 2014 for £40m.

At £60m, Shanghai SIPG’s asking price could simply be too good a deal for the Blues to turn down – especially now that the player has grown somewhat surplus to requirements at the Bridge.

Having initially signed Oscar for £25m from Brazilian club Internacional in 2012, the club would be set to make a handsome profit on the player.

With a profit of £35m, Conte would be handed considerable leeway in January’s transfer market to reinforce his squad as he continues to work for a first Premier League title.

The news will also come as a potential boost to Cesc Fabregas whose future at the side has been called into doubt in recent months.

With Oscar out of the equation, the club would be unwilling to let the Spaniard leave mid-season.

Manchester City vs Chelsea player ratings Show all 22 1 /22 Manchester City vs Chelsea player ratings Manchester City vs Chelsea player ratings Claudio Bravo - 5 out of 10 He was a victim of attacking excellence today, with three goals leaving him helpless between the sticks. Manchester City vs Chelsea player ratings Nicolas Otamendi - 5 He failed to keep up with the pace of the Chelsea strike force, resulting in him lunging into unnecessary tackles. Manchester City vs Chelsea player ratings John Stones - 6 It was a shaky performance today, with the pressure of Costa and Hazard making him look uncomfortable in possession. He did improve as the game went on. Manchester City vs Chelsea player ratings Aleksandar Kolarov - 6 Also struggled with the pace and power of Chelsea's front line today. Manchester City vs Chelsea player ratings Jesus Navas - 5 Showed glimpses of excellence, but it was a relatively quiet performance by a man of his standards. Manchester City vs Chelsea player ratings Fernandinho - 4 He battled well throughout and was a crucial part of the City midfielder. Was let down by his flaring temper and the resulting red card to finish. Manchester City vs Chelsea player ratings Ilkay Gundogan - 6 His work rate was faultless, but he did not see enough of the ball and was quick to get rid of possession. Manchester City vs Chelsea player ratings Leroy Sane - 6 Looked dangerous when moving forward with pace, but defensively there was room for improvement. Manchester City vs Chelsea player ratings David Silva - 7 Was a key element to the City attack, linked well with Aguero and created a number of chances – even if they did go unfinished. Manchester City vs Chelsea player ratings Sergio Aguero - 5 He looked lethal in possession, but he did not see enough of the ball. Performance was fully let down by his late challenge on Luiz which saw him rightly dismissed. Manchester City vs Chelsea player ratings Kevin de Bruyne - 6 His deliveries and playmaking was on point as always, but his open goal miss was appalling which could have seen a completely different end to the fixture. Manchester City vs Chelsea player ratings Thibaut Courtois - 6 He had a relatively quiet afternoon, but reacted when required. He stopped a number of Aguero strikes. Manchester City vs Chelsea player ratings Cesar Azpilicueta - 6 He did his job at the back – clearing the danger, maintaining possession and putting tackles in when it was required. Manchester City vs Chelsea player ratings David Luiz - 8 His ability to read the game made the difference at the back today. He dominated and defended bravely. Manchester City vs Chelsea player ratings Gary Cahill - 5 His own goal was a defensive tragedy and he found himself a victim of the City strike force on more than one occasion. Manchester City vs Chelsea player ratings Victor Moses - 6 It was a quieter performance than he is used to lately, but when he was on the ball his pace and power caused City problems. Manchester City vs Chelsea player ratings Marcos Alonso - 6 He disappeared defensively, but going forward he created chances and worked well with Fabregas. Manchester City vs Chelsea player ratings N'Golo Kante - 6 He made himself known throughout to the City players, with a number of tough tackles and crunching challenges. He battled relentlessly. Getty Manchester City vs Chelsea player ratings Cesc Fabregas - 7 His assist for Costa’s goal was somewhat short of a miracle. Aside from that, he did his job in the middle of the park and was an astute replacement for Matic. Manchester City vs Chelsea player ratings Pedro - 6 Looked particularly energetic at the start – chasing down possession and making runs. However, an injury saw him require an early exit just after half time. Manchester City vs Chelsea player ratings Eden Hazard - 7 He was exceptional in possession, with speedy footwork and clever link-up play with Costa. His efforts were rewarded with a well finished goal to cap off the win. Manchester City vs Chelsea player ratings Diego Costa - 9 He bullied the City defence, particularly in the second half. His presence was shaking the City side and he hunted down possession like a predator.

Asked about the future of Fabregas ahead of Wednesday night’s Premier League game against Sunderland, Conte said: “Cesc is an important player for us.

“He played a key match against Manchester City and played very well. In the last match, he came on very well during the game. Tomorrow I have still to decide the starting XI, but Cesc is always a good choice, for me.