Despite interest from clubs like Manchester United, the Blues seem to hold the upper hand in securing the young striker's services.
Delap, at just 22, has impressed in his debut Premier League season, scoring nine goals and providing two assists in 23 appearances.
His performances have not gone unnoticed, with Jacobs noting on the Market Madness podcast, "If Arsenal get Sesko, Chelsea then likely would move for Liam Delap."
Ipswich Town, currently languishing at 19th in the league standings, might not be able to retain Delap if they face relegation. Delap's potential departure could see Ipswich make a handsome profit.
They originally secured him from Manchester City for 20 million pounds, and his market value has now escalated to around 50 million pounds.
The interest in Delap isn't just about numbers; it's about potential. Chelsea's manager, Enzo Maresca, has firsthand experience of Delap's capabilities, having seen him score from the spot and assist in a match where Ipswich defeated Chelsea 2-0 in December.
Chelsea's need for a new striker has become more pressing with injuries sidelining Nicolas Jackson for up to six weeks due to a hamstring injury and Marc Guiu also out with a groin issue.
This leaves Chelsea potentially relying on Christopher Nkunku to lead the line until they can bolster their forward options in the summer transfer window.
In related news, Chelsea have also been active in other transfer talks. They, alongside Liverpool, have engaged in discussions for Bournemouth's Milos Kerkez, aiming to find a long-term solution for the left-back position.
Additionally, Chelsea's interest extends to Borussia Dortmund's Jamie Gittens, with Dortmund expecting a transfer fee between 80 to 100 million euros for the winger.
As the transfer window approaches, all eyes will be on Chelsea to see if they can convert their interest into signings, particularly with Delap, whose future could significantly influence both his career trajectory and Chelsea's attacking strategy.
Manchester City secured a second successive Premier League victory at home against Sunderland, Chelsea were held scoreless away to Bournemouth while Tottenham managed to beat Brentford.
Aston Villa delivered a major jolt to the Premier League title race as Emiliano Buendía struck deep into stoppage time to seal a 2-1 win over Arsenal on Saturday.
David Moyes urged Everton to stay on the front foot as they prepare for Saturday's Premier League meeting with Nottingham Forest at Hill Dickinson Stadium, where Sean Dyche made his first return since leaving the club nearly a year ago.
Mikel Arteta has said that Aston Villa's blistering run of form has made them genuine contenders in the Premier League title race, as Arsenal prepare for a high-stakes trip to Villa Park.
