The FA Cup winners are facing the real possibility of losing Thibaut Courtois in the summer transfer window.
Courtois hasn’t committed to a contract extension with the west London side and Chelsea FC number one would be free to leave for nothing next summer.
The Blues are already looking at potential replacements for Courtois in the current transfer window.
AS Roma shot sopper Alisson Becker has been touted as a candidate to replace Courtois in the Blues goal next term but Chelsea FC would face competition from Liverpool FC and Real Madrid.
Chelsea FC have been linked with a surprise swoop to sign Leicester goalkeeper Schmeichel in recent days following Denmark’s exit from the World Cup after a penalty shootout loss to Croatia.
Schmeichel is a Premier League winner with Leicester following their success under Claudio Ranieri in 2015-16.
Sky Sports News reporter Sheth confirmed Chelsea FC and AS Roma are both considering a swoop to sign the Danish shot stopper this summer.
“An alternative to all of this is Leicester goalkeeper Kasper Schmeichel,” Sheth told the Transfer Talk podcast.
“We are told both Chelsea and Roma are looking at him because they are preparing for life without their current number one.”
Chelsea FC were 1-0 winners against Manchester United in the FA Cup final at Wembley last season.
MORE: Man United latest news
MORE: Arsenal latest news
MORE: Chelsea latest news
MORE: Liverpool latest news