Arsenal are also interested in the defender
Chelsea are leading the race to sign Ricardo Rodriguez after approaching the defender over a potential move.
According to reports today, the Blues have approached him over a move to Stamford Bridge and are hoping to land him before rivals Arsenal can agree a deal for him.
The Gunners have been keeping tabs on the left-back over the last few months and have been hoping to bring him to the Emirates Stadium as a replacement for Kieran Gibbs, whose future at the club is uncertain.
Blues looking for defensive recruits
However, Chelsea have now stolen a march on Arsenal by making the first move for the player. They too are hoping to bring in some new defensive recruits this month despite signing Mikel Alonso in the summer.
Antonio Conte is planning to open the bidding at £21m and he is hopeful that business can be done to bring the player to Stamford Bridge this month so that he can help the Blues with their title charge for the rest of the season.
Wolfsburg will be reluctant to let him leave but if a concrete bid is lodged, then they could decide to cash in on him while interest is high.