Chelsea's Spanish midfielder Cesc Fabregas watches the ball during the English Premier League football match between Chelsea and Middlesbrough at Stamford Bridge in London on May 8, 2017. / AFP PHOTO / Adrian DENNIS / RESTRICTED TO EDITORIAL USE. No use with unauthorized audio, video, data, fixture lists, club/league logos or 'live' services. Online in-match use limited to 75 images, no video emulation. No use in betting, games or single club/league/player publications. /
Fabregas and his agent Darren Dein will meet Monaco vice-president Vadim Vasyliev although a source told AFP that the move has not yet been finalised.
Fabregas, 31, played four seasons at Arsenal from 2003-2007 alongside current Monaco coach Thierry Henry.
He moved to Chelsea in 2014 but does not figure in the future plans of coach Maurizio Sarri having played just six times all season.
On Saturday, Fabregas made a tearful farewell to Chelsea fans in the 2-0 FA Cup win over Nottingham Forest at Stamford Bridge where he had a penalty saved.
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