Juan Cruz Mascia, 17, is keen to move to the Premier League and his club Miramar are reported to be willing to let him go.
The tall teenager was top scorer in the South American Under 17 championship with six goals as Uruguay finished runner-up to Brazil.
Hot shot: Mascia (No 13) bagged six goals in the Under 17 tournament
Mascia is rated as one of the hottest prospects in Uruguay and veteran striker Forlan is a big fan of the youngster.
Chelsea have moved quickly as Mascia has caught the eye of several clubs in the English top flight while his form has also been noted in Italy and Spain.
Star man: Uruguay legend Forlan (No 10) likes what he sees in Mascia
Save our Season! Ancelotti vows to do 'something special' ahead of United tieWatch all the Premier League goals every week on our brilliant video playerChelsea owner Abramovich may sell flop Torres as ?50m nightmare goes onAll the latest Chelsea news, features and opinion
Explore more:Places: Spain, Italy, Brazil