The Blues might be sitting pretty in position 6 in the football money league rich list but the truth of the matter is that their financial situation is not too good. With a massive debt in excess of over £1 billion, Chelsea could soon find itself in a very messy situation.

It is also now emerging that Chelsea paid £28 million to sign Andre Villas-Boas from Porto last summer.

In a decision that was undoubtably cheered at the FA's headquarters, a jury today cleared Spurs manager Harry Redknapp and former Portsmouth chairman Milan Mandaric of tax evasion.

Speaking on the steps of Southwark Crown Court, Redknapp said the case "should never have come to court".

When questions about your football club are raised in Westminster and the Prime Minister agrees that the situation needs investigation then you know you are in a bad way. Not because you might be investigated but because the Prime Minister actually knows what Penny Mordaunt, MP for Portsmouth North, is talking about.

Not entirely sure about the source material, but Chelsea have allegedly re-engaged in talks with Racing Genk over the transfer of the 20-year-old that looks not a day over 12 Kevin De Bruyne.

Young Money

As you may recall, the club inquired about De Bruyne in the summer.

The frustrating Tottenham career of Giovani do Santos could finally be coming to an end in this transfer window with reports of interest from Spain and from Bolton Wanderers boss Owen Coyle. Gio hinted at his potential again this month, albeit against Cheltenham, and after the game manager Harry Redknapp hailed his talent while giving an insight into why the player has barely featured at the Lane.

Neil Warnock's sacking at QPR could have some implications for Spurs' winter transfer plans if the new Loftus Road manager is given a transfer kitty worth up to £20m. Last week, Rangers are reported to have offered £5m for Christopher Samba while Warnock was still at the club and it's thought that the Congolese centre half remains a priority.

Fulham Football Club today announced a record profit of £5.4m and a record net profit of £4.8m for the year ended 30 June 2011. The Cottagers have also revealed a record revenue of £77.1m for the last season.

Fulham recorded a profit of £5.4m, before interest and taxation, and enjoyed a 4.

Premier League clubs spend £71.8m on agent fees

Manchester City, Tottenham and Liverpool were the top-spenders on agents' fees last year as the top-flight clubs shelled out a total of £71.8m, latest figures have revealed.

View the full story here: The Mail

A news article on 2011-11-30 18:40:18 from: The Mail

This news item has been reproduced from today's media.

Harry Redknapp told us over the weekend not to expect any transfer activity at the Lane this winter but that was never going to stop the rumour mills from continuing to turn.

However, it may be as a result of the exit rumours concerning Vedran Corluka that Portuguese right back Joao Pereira has now been linked with a January move to the club.

With such a settled side and the emergence of players such as Kyle Walker and Younes Kaboul, it seems increasingly unlikely that there will be too much transfer activity at White Hart Lane this January.

Predictably however, that hasn't stopped the rumour mills and there are a couple of interesting names being touted around today.

Manchester United has boosted its revenues during the three months to September by 16.6% to £73.8m.

Luis Suárez says there is more to come from both him and Liverpool

• Striker targets improvement despite being club's top scorer • 'I could probably have converted one or two more' Luis Suárez has said that there is greater improvement to come from both him and the rest of the Liverpool team.

Luis Suarez Evra Racist comments- Suarez accused of using the N word by Evra is a post from Soccer Blogger. Follow Soccer Blogger on Twitter

Luis Suarez Evra Racist comments- Suarez accused of using the N word by Evra is a post from Soccer Blogger. Follow Soccer Blogger on Twitter Liverpool's Luis Suarez has been accused by Patrice Evra of using the N word in the two teams' clash on Saturday afternoon in the Premier League.

Racing Santander's administrators have announced that the club has a total debt of almost €48m, a figure over €10m in excess of the one presented when the Cantabrians applied to enter bankruptcy in July.

The difference was explained by the fact that investment company Western Gulf Advisory (WGA), owned by Indian businessman Ahsan Ali Syed who purchased the club in January, 2011, is shown amongst the list of creditors as being owed €8.

David Ginola, Newcastle's former winger under manager Kevin Keegan in the 1990s, thinks the new French players will have a big impact at Newcastle. David Ginola very popular player at Newcastle Yohan Cabaye, Sylvain Marveaux, Gabriel Obertan, Mehdi Abeid and Demba Ba were all born in France, and were signed in the summer by Newcastle for a total of around £8M - which was [.

The Best and Worst deals of the Transfer Window - originally posted on Soccerlens.com

As the summer transfer window has now finally closed and viewing figures of Sky Sports News go back to normal levels, I think it's time to look back at the best and worst of the deals done involving English Premier League sides.

It would not be a transfer deadline without a surprise Liverpool and Chelsea deal. In January it was Torres going to Chelsea and this transfer window is was the sale of Raul Meireles to Chelsea for around £12m, who has signed at four-year deal with Chelsea.

Chelsea manager Andre Villas-Boas worked briefly with the Portugal international at Porto before Meireles moved to Anfield last August.

It would not be a transfer deadline without a surprise Liverpool and Chelsea deal. In January it was Torres going to Chelsea and this transfer window is was the sale of Raul Meireles to Chelsea for around £12m, who has signed at four-year deal with Chelsea.

Chelsea manager Andre Villas-Boas worked briefly with the Portugal international at Porto before Meireles moved to Anfield last August.

Liverpool reject Chelsea swap deal for Raul Meireles

Liverpool turn down a bid from Chelsea of £8m plus midfielder Yossi Benayoun in exchange for Raul Meireles, BBC Sport understands.

View the full story here: BBC

A news article on 2011-08-30 09:33:30 from: BBC

This news item has been reproduced from today's media.

Chelsea & Arsenal Interested in Meireles

Chelsea are preparing a renewed bid for Liverpool's Raul Meireles, after an initial offer of £8m plus ex-Red Yossi Benayoun was rejected. Arsenal are also rumoured to be interested in the player, although they are yet to make a formal move.

The Sun is reporting that Newcastle will finally land Dutch International left back Erik Pieters. Erik Pieters - five year deal at Newcastle They are reporting it will be a deal for around £6.8M and that he will sign from PSV Eindhoven within the next 48 hours. The left-back, who is 23 and played 10 [.

There are a few stories surfacing concerning West Bromwich Albion's Peter Odemwingie this morning and while we briefly touched on the striker in the early part of the summer, the general consensus was to stay well away.

Overall, there are two ways of looking at the player – at present he is 30 and will cost, if you believe the rumours, a fee in the region of £8m.

Liverpool Deny Dann Reports

Liverpool have denied their reported interest in Scott Dann, insisting they are not going up against Arsenal for the player's signature. This news will likely intensify rumours linking the Reds with a move for Bolton's Gary Cahill as they look to sure up a defence that leaked goals in the club's pre-season campaign.

Tom Werner says Liverpool will keep investing but backs finance rules

• Liverpool chairman wants to restore 'lustre' to club • Tom Werner says financial fair play essential for 'competitiveness' Tom Werner, the Liverpool chairman, has said Fenway Sports Group will continue to invest in restoring "the lustre" of the club but insisted Uefa's financial fair play rules must be enforced to enhance the competitiveness of the Premier League.

What makes a great defender for your fantasy soccer team? He of course has to play in a winning team. He of course has to play often and whole games. If he scores a goal or gives an assist now and then that is a big plus. Of course we wouldnt mind if his price wouldnt be too much either.
So who are these denfenders.

Well, no-one can say that he's not ambitious. Steve Bruce's summer in the transfer market has been one of the most interesting of all Premier League clubs, with a clutch of signings which hint at a manager that is no longer satisfied with perpetual Premier League survival and mid-table security, and would like to push on towards something a little more substantial.

As the news came through yesterday that Giovanni dos Santos' sell-on clause was about to expire, it seemed completely plausible that his miserable stint at Spurs was due to come to a close.

The deal that brought Gio to the Spurs included a clause that entitled Barcelona to a 10% rake off of any future transfer fee, but with that reportedly set to run out, Spurs are free to pocket all of the cash.

The Kopsource Guide to Fantasy League Success

With the season only a matter of days away, many of you will be preparing your fantasy teams for war. However, many of you would struggle feel right at home on the touchline with Roy Hodgson. Never fear, though, Kopsource has a few tips for those who have been left scratching their heads; or rubbing thier faces as it were.

Liverpool must act quickly if they wish to stay in the race to sign St Etienne midfielder Blaise Matuidi after Ligue 1 rivals Paris Saint Germain lodged a £9m offer.
The Anfield club has been strongly linked with a move for the France international with talkSPORT claiming they were prepared to pay around £8m to take him to the Premier League.

Swansea City agreed a fee of £1.8M with Newcastle a couple of days ago for right winger Wayne Routledge, and now the next step is to talk to the player about personal terms. Wayne Routledge many clubs interested But it turns out that Routledge cannot discuss those personal terms until Chairman Huw Jenkins is [.

The Daily Mirror is reporting that Swansea are ready to sign Newcastle winger Wayne Routledge for £1.8M. Wayne Routledge Newcastle accept £1.8M bid for winger Swansea have been interested in the winger for over a week, but we had thought that Leicester City may have been in the driving seat to get the former [.

So Arsenal have been snubbed by Phil Jagielka apparently because of our 'fading appeal'.
I'm sorry, but I haven't seen anything as funny as this since I saw those newly weds dancing to 'I like big butts' on Youtube.
Seriously, I'm not being arrogant here, do you honestly see Phil Jagielka turning down a move to Arsenal if the chance arose?

Charlie Adams finally made the move from Blackpool to Liverpool for £8m and he just can't wait to get started with his new club.

View Liverpool Jerseys here!

Liverpool, it seems, is living up to some of its great expectations lately. News has just got out that their pain-staking long, six months of pursuing Blackpool's Charlie Adam is finally over now that a deal worth £7-8m is confirmed.

By the looks of it, Liverpool seems to be climbing up the ladder much faster than it can actually acknowledge how steps it is taking.

A fee of £8m for French under 17 international M'Baye Niang may have seemed like a lot of money so have Spurs taken that into account and really secured the services of a cheaper striker from South America?

Young Mexican forward Antonio Pedroza claims that a £1m deal has already been agreed between Spurs and his home club Jaguares and he has had this to say on the subject,

"I can announce that my transfer to Tottenham has been arranged.

Sunderland have cooled their interest in Liverpool's David Ngog after completing the signing of Connor Wickham, according to the Sunderland Echo.
The French striker was reported to have been a transfer target for manager Steve Bruce and was originally considered part of the deal that took Jordan Henderson to Anfield.

Charlie Adam has told Blackpool that Liverpool is the club he wants to join and another Scotland international could hold the key to the deal.
Seasiders skipper Adam has held talks with chairman Karl Oyston this week and The Gazette understands the 25-year-old expressed the wish to move to Anfield.

Reported Liverpool target Connor Wickham has officially signed on with Sunderland today for a base fee of £8M rising to £12M if he meets certain performance and appearance benchmarks. He's 18 years old, a highly rated striker, and was likely assured of playing time at Sunderland while the club must be sure themselves that in four or five years they'll be able to move him on him for twice as much.

In an off-season that has been highlighted about players leaving Atletico Madrid, it is a welcome change to write about a player who is joining the club.

Sílvio, who is a Portuguese international defender, was signed from Braga for a fee reported to be in the region of €8m and has signed a five-year deal at the Vicente Calderón.

Since sacking Claudio Ranieri in June 2004 to appointing Andre Villas-Boas in June 2011, Roman Abramovich has spent over £69m in various compensation pay-outs to managers and clubs (including the hiring of director of football Frank Arnesen). That £69m does not include wages paid to managers since 2004.