Transfer Rumors (20 Jan 09): Manchester City miss out on Kaka but sign Bellamy, Tottenham win race for Wigan’s Palacios, Chelsea to bid for Wigan star Valenci

In case you hadn't heard or read already, Manchester City have failed in their bid to sign Kaka from AC Milan. However, the January transfer window has not come to a stop, and there's plenty to talk about in today's roundup of transfer news and rumors. Spain Though Kaka has turned down City (or [.

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