
Lukaku, 24, was initially tipped to join the Blues from Everton, but Manchester United managed to hijack the deal in the dying stages for a reported fee of £75m.
Belotti netted 26 times last season for the Serie-A side last term, making him the third highest score in the Italian league.
Chelsea could be willing to pay Torino striker Andrea Belotti's £89M release clause, according to the Independent.
But the nine-time Italy worldwide is contracted until mid-2021 and Cairo said it would take €100m for an overseas club to secure Belotti's signature.
Antonio Conte is desperately trying to sign a top class striker after informing Diego Costa he has no future at the club and the Blues were initially touted as the front-runners to re-sign Lukaku.
And, with the Premier League champions missing out on Romelu Lukaku to Manchester United, La Stampa report that Conte has told the Stamford Bridge hierarchy that a move for Belotti should be a priority.
Antonio Conte wants Chelsea to sign the striker after missing out on Romelu Lukaku
"Those guys don't come along that often and you had one in your hands and somehow you're letting him go elsewhere".
'I chose the clause to be €100m overseas remember, because it is very high and for the moment no-one has come in for him, ' Cairo said. "I'm glad he's with us and I hope he can stay", Cairo told Sky Italia.
Today, Chelsea are ready to make their move for Andrea Belotti...
'They weren't real offers, but there were contacts.
"I thought that considering the type of qualities Costa has, that Belotti was the ideal fit". I will meet with Belotti to ask him if he's happy to remain at Toro. It's something that needs to be verified, but I have no reason to doubt him.
German police make arrests over €4m gold coin heist
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Pope Francis creates new path to beatification under 'offering of life'
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Venture capital association slams Trump Administration's delay of the International Entrepreneur Rule
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Graham: Trump Jr.'s Emails About Meeting Russian Lawyer 'Disturbing'
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Iraq declares Mosul's total liberation from Islamic State
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Ben Simmons' goal for the upcoming season: "The goal is to win".
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Air traffic control tower evacuation causes flight delays in Washington
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China: Umbrella Rental Company Has Lost Most Umbrellas In 3 Months
However, he added that the company will press on with its rollout, aiming to make 30m brollies available by the end of the year. The same publication reports that Zhao plans to release another 30 million umbrellas across China by the end of the year.
Honda Confirms 11th US Death From Faulty Takata Airbag
Nissan said the new recall affects just over 515,000 Versa subcompact hatchback and sedans from the 2007 through 2012 model years. Honda said the vehicle's registered owners had received at least 12 recall notices but never got recommended repairs.
Government launches 'GST Rates Finder' App To Know New Tax Rates
Gifts up to a value of Rs 50,000 per year by an employer to his employee are outside the ambit of GST . The ministry said that the question arises as to what constitutes a gift.
Eminem reportedly working on ninth studio album with Dr. Dre
The music mogul has been relatively idle since his $3bn Beats By Dre deal, which saw him selling his headphone business to Apple. Dre produced Eminem's 1999 debut, "The Real Slim Shady ", and played a major role in bringing the rapper to the world.
Japan floods death toll rises to 15
Volunteers from within and outside Fukuoka began gathering in Asakura to help remove sand and soil from houses. Kyushu is the name of the southwestern main island that includes Fukuoka and Oita.
Amazon's gets Savvy About Smart Home Setup with On-site Techs
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Lawmakers slam Alvarez's proposal to extend martial law to 2022 The death toll has breached the 500 mark, with 39 civilians killed, 379 terrorists killed, and 89 government troops killed in action.