Dynamo Kiev want to sign Andriy Shevchenko on loan from Chelsea.
Shevchenko scored four goals for Chelsea last season
The 30-year-old striker, who started his career with the Ukrainian champions, has not played for the Blues this season because of a back injury.
Dynamo president Igor Surkis told his club's website: "I have asked Shevchenko to ask his board to let him come here on loan.
"I am ready to take Andriy. He does not have a small salary but I am ready to pay that."
Shevchenko made his name with Dynamo before joining AC Milan in 1999.
He moved to Chelsea for £30m in 2006 but scored only four league goals last season.
The Italian side have also attempted to re-sign Shevchenko but their president Silvio Berlusconi claimed in July that they have been priced out of any deal.
Surkis says he does not want to strike a permanent deal for Shevchenko, adding: "I'm ready to pay his salary instead of the Chelsea board but I'm not ready to reimburse Chelsea owner Roman Abramovich for him."