Bakayoko's impending arrival at Stamford Bridge would likely free up Matic - who has reportedly been cleared to miss the Blues' pre-season tour, along with Diego Costa - to reunite with former Chelsea boss Mourinho, but the Portuguese opted not to confirm his interest in the 28-year-old.
Chelsea, according to the British media, baulked at paying Raiola's fee for Lukaku's transfer.
Lukaku and Lindelof will undoubtedly have a major impact at each end of the pitch, but it's felt as though Mourinho still needs to strengthen that midfield to build a new core through the backbone of the side.
"The step up, no disrespect to Everton, comes with great expectation and scrutiny".
Paper Round's view: We're not really sure what to make of this.
Lukaku training with his Manchester United teammates in California.
With Chelsea losing out on Lukaku, they have turned their attention in signing Real's Morata. The British source also stated that the clubs have agreed a price for him.
'I told them they were lucky to belong to such a group because it's a really special group and is wonderful for a player to change club.
"(Last season) was a good experience, I learned a lot of things and hopefully I can use them now here back at United.
"He said himself last season he thought he needed to put a little more effort in and a little more concentration".
And as Arsenal fans are understandably excited with the signing, Mourinho isn't anxious about his rivals latest recruit.
But after suffering a serious knee ligament damage in United's Europa League quarter-final second-leg win over Anderlecht, an Old Trafford renewal looked unlikely.
He added: "Now he comes to a club with a different responsibility than Everton or West Bromwich Albion [two of his previous clubs], and he comes in the right moment because he is young but still years of experience within the Premier League and for the Belgian national team".