AS says the west London club, looking to rebuild under manager Thomas Tuchel with the funds provided by new owners led by Todd Boehly, are rivalling Real Madrid and Barcelona for the youngster.
According to Brazilian journalist Jorge Nicola, Chelsea's proposal was well received by the player and his family.
Endrick is yet to make his Copa Libertadores berth for Palmeiras but is already said to be eyeing up a move to Europe.
He visited Barcelona and Real Madrid at the end of last season, along with PSG.
