Antonio Conte's side banished the thought of their Carabao Cup exit to Arsenal with a win over the struggling Magpies.
Antonio Conte's relationship with Roman Abramovich is reported to be strained over Chelsea's transfer strategy.
Manchester City are readying a shock £150m record bid for Chelsea midfielder Eden Hazard, who is now Pep Guardiola's number one summer target.
There are question marks over the future of Thibaut Courtois and Eden Hazard, who are stalling on signing a new deal.
Dzeko's move to Chelsea has thus far been held up by concerns over game time, with the striker not willing to play as back-up to Morata.
Chelsea will abandon their attempts to sign Edin Dzeko if no deal is struck by the end of the weekend
Antonio Conte has reiterated that the Chelsea board will have the final say on any transfers after refusing to confirm whether Charly Musonda could leave Stamford Bridge.
Alan Pardew has laughed off speculation over a potential January departure for West Brom striker Salomon Rondon, who faces one of his reported suitors in Liverpool this weekend.
Chelsea full-back Baba Rahman has passed a medical at Schalke and could start training with the club next week.
Chelsea trio Alvaro Morata, Thibaut Courtois and Willian will miss the FA Cup fourth round against Newcastle United due to injuries.
Chelsea have been left frustrated in their attempts to pilfer Edin Dzeko and Emerson Palmieri and are now considering their options.
Barcelona have sent a representative to Brazil to step up negotiations to sign Gremio midfielder Arthur Melo.
Arsene Wenger will allow Olivier Giroud to leave Arsenal this month if the club can sign a replacement.
Sporting director Christian Heidel has confirmed that Baba Rahman is due to undergo a medical at Schalke, although talks over a potential 18-month loan deal are not yet complete.
Eusebio Di Francesco has praised the commitment, seriousness and professionalism of Edin Dzeko, who will continue to play for Roma despite being in talks over a move to Chelsea.
Schalke have seen off advances from the likes of Inter Milan and Everton for his signature and the 23-year-old is keen to restart his career after a cruciate ligament injury.
Arsene Wenger has claimed that Arsenal are "strong enough" even if they fail to sign Pierre-Emerick Aubameyang from Borussia Dortmund this month.
Edin Dzeko headed home a stoppage-time leveller for Roma in their clash at Sampdoria, before which Monchi challenged reports that the Giallorossi had accepted a bid from Chelsea.
Antonio Conte has admitted that he has little "impact on the transfer market" after Chelsea suffered a 2-1 defeat to Arsenal in the Carabao Cup semi-final second leg.
Granit Xhaka nets a second-half winner as Arsenal come from behind to beat Chelsea 2-1 and secure a Carabao Cup final meeting with Manchester City at Wembley on 25 February.
The Premier League champions are close to completing a deal that will see Roma duo Dzeko and Emerson Palmieri arrive at Stamford Bridge.
Jamal Blackman will remain at Sheffield United for the rest of the season after Chelsea held talks with manager Chris Wilder.