Earlier in the week, both the Guardian and Independent reputable members of the British media in my view claimed Chelsea were ready to throw around £40 million at Atletico Madrid for striker Sergio Aguero in the January transfer window.

Move forward a couple of days.

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Ancelotti aims to bring in 'Marquee' Signing in forthcoming transfer window.

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Chelsea back in the hunt for Bayern Munich winger Franck Ribery

Chelsea have made Franck Ribery their top transfer target and hope to sign the France international when the January window opens.

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When Guus Hiddink sneezes, Roman Abramovich catches a cold and Vladimir Putin develops a nervous cough.
They'd better order additional supplies of extra strength tissues for Manchester United's visit to Stamford Bridge today.
Hiddink – like another student of socialism, Sir Alex Ferguson – understands how to use the cult of personality, welded around strong leaders. Click to continue reading...

Stan Kroenke has purchased even more shares in Arsenal today taking his holding to 29.9% of the club. With only another 0.09% required to reach the threshold to make an offer for the rest of the clubs shares, Kroenke has purchased 627 shares this week for the princely sum of £5.3 million.

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Football has changed immeasurably over the past ten or twenty years and, with it, Chelsea Football Club. Fans no longer exclusively hail from the Kings Road, South West London or Surrey. Since Roman Abramovich bought the club in particular, Chelsea has drawn increased interest from all over the world with blue shirts appearing on pretty much every continent.

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Football has changed immeasurably over the past ten or twenty years and, with it, Chelsea Football Club. Fans no longer exclusively hail from the Kings Road, South West London or Surrey. Since Roman Abramovich bought the club in particular, Chelsea has drawn increased interest from all over the world with blue shirts appearing on pretty much every continent.

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David Villa is arriving at Manchester United. Yes, this can be a truth if certain reports are to be believed. And what's more fun is that Villa will arrive at Old Trafford by dumping Chelsea. Yeah, that sounds good. Chelsea and United have started a fresh bidding process to acquire the services of David Villa. Click to continue reading...

Zico takes Japan in vintage early 90's style. Roman spends enough on lunch to feed someone for life. (Bild) Reason #8 billion social networking was a bad idea. (The Spoiler) The American foul roundup. (Climbing The Ladder) Don't set your sheep suit on fire. (The Beautiful Game) Bulgarian football is the new awesome. Click to continue reading...

Navegando en la red por los más importantes diarios del mundo, me encontré una noticia que podría llegar a ser la bomba en el mercado invernal de fichajes.

David Villa, goleador del Club Valencia de España y titular en la selección del mismo país podría llegar a Inglaterra este invierno, publica el Daily Mirror.

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Back in September 2008, when Dimitar Berbatov and Man United CEO David Gill put the finishing touches on a lucrative 4-year contract tying the enigmatic Bulgarian to Old Trafford for the prime years of his career, you would have been an absolute plonker to ask the question.

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On the eve of this season, Liverpool manager Rafa Bentiez bemoaned his side's lack of financial power. However, an analysis of the spending habits of the ‘Big Four' since his appointment in June 2004 shows that the Spaniard has outspent Sir Alex Ferguson by £80m. Furthermore, when money raised through player sales is taken into account, Benitez' net spending dwarves Ferguson's by £95m and only Chelsea have spent more on player recruitment during the same five-year period. Click to continue reading...

How can a club survive in the Premier League, West Brom, Hull and Stoke managements wondered last year? Wolves, Birmingham and Burnley managers and presidents ask the same question today. You may say that the answer to this old question is always the same: MONEY. The answer is only partially true.

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I'm always curious to see where finances are coming from because as we've seen, money drives this sport. The ownership trend is one I'd follow over player and manager nationality. An interesting statistic: Of the 20 clubs currently competing in the English Premier League, half are foreign owned. Click to continue reading...

FourFourTwo.com have released their latest football rich list in English football. Where do the Man United owners, manager and players come?
Owners-
1. Lakshmi Mittal, QPR, £18.4bn
2. Sheikh Mansour bin Zayed Al Nahyan, Man City, £17bn
3. Roman Abramovich, Chelsea, £7. Click to continue reading...

After only four months in charge of Uzbekistan side FC Bunyodkor, Luis Felipe Scolari is once again facing the sack. Despite earning an astonishing £230,000 a week as head coach of the ambitious side; Scolari has become unstuck once again.
There are parallels to be drawn with his infamous tenure at Chelsea which ended in Feburary 2009.

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Ever since Roman Abramovich sent him packing from Stamford Bridge in the summer of 2008, Avram Grant has been on a one-man mission to prove that he was a success during his brief tenure as Chelsea manager. Second place in the league and one inch away from winning the Champions League final won't earn you any silverware.

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He's back!

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Avram Grant has been appointed as Portsmouth's director of football, the club have confirmed.

The 54-year-old Israeli returns to Fratton Park having occupied the same role from 2006 to 2007 before succeeding Jose Mourinho as manager of Chelsea.

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In the wake of Portsmouth's Financial mess, interest in the money driving the English game has come to the forefront. Filthy Rich. That's the name of the Wealthy Man's club where Roman Abramovich barely makes the membership list. But even with his latest maritime expenditures, he still makes the cut. Click to continue reading...

With the first quarter of football almost over in most leagues around Europe, now is a good time to measure the current progress of some of the giant clubs on the continent. Actually, analyzing the success or failure of clubs in general won't be nearly as exciting as identifying a more specific object of analysis.

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Ever since the arrival of the Roman Abramovich era at Chelsea, the world of football seems to exist in two separate yet parallel universes.

There are clubs who teeter on the brink of bankruptcy despite brief flirts with glory (a la Leeds United and recently at Portsmouth). Then there are other clubs whose history has been blanketed by anonymity and mediocrity but now whose names, with the financial aid of the multi-billionaire, are dared uttered in the same sentence with title aspirations.

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Sylvie van der Vaart continues her reign as Football Barbie at the Pink Ribbon gala in Amsterdam. Image via Mokkels.
Dasha Zhukova's baby bump is out and proud. This will be Roman Abramovich's sixth child, her first.
Marco Borriello runs into his ex, Belen and gets into a fight with her new man.

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Sylvie van der Vaart continues her reign as Football Barbie at the Pink Ribbon gala in Amsterdam. Image via Mokkels.
Dasha Zhukova's baby bump is out and proud. This will be Roman Abramovich's sixth child, her first.
Marco Borriello runs into his ex, Belen and gets into a fight with her new man.

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Earlier this week, Russian oligarch Mikhail Prokhorov made a bid for control of the New Jersey Nets, which plays in America's professional basketball league, the NBA.  If accepted, Prokhorov would join rapper Jay-Z, who has a minority stake in the team and is seeking to move it across the Hudson River to his hometown of Brooklyn.

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A Russian oligarch who's even richer than Roman Abramovich has signed a letter of intent to buy the New Jersey Nets. At the same time, academics are concocting plans to introduce promotion and relegation to American sports. I'm not saying this is a thing, but given Kobe's love of Barcelona and David Beckham's unclassifiable homosocial bond with Kevin Garnett, I don't think anyone will be too shocked if Steve Nash scores a free throw with his head next season.

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In light of her maiden voyage from Hamburg last week, allow me to introduce The Eclipse, a £724 million ($1.2 billion) 557 ft yacht owned by your favorite and mine, Roman Abramovich. Click to continue reading...

Kaka has obviously been training his side-eye just as much as his quadriceps. We love a man dedicated to the bitchface cause.

Fabio Capello believes in the healing power of mud baths. And Speedos.
Thierry Henry has a friend in a t-shirt dress named Allen Iverson.
The Telegraph names their top 25 football websites.

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Kaka has obviously been training his side-eye just as much as his quadriceps. We love a man dedicated to the bitchface cause.

Fabio Capello believes in the healing power of mud baths. And Speedos.
Thierry Henry has a friend in a t-shirt dress named Allen Iverson.
The Telegraph names their top 25 football websites.

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The influence of foreigners on football in England cannot be underestimated. While Coach Fabio Capello has guided England through the qualifiers and instilled a winning mentality amongst the players, the skills of English players such as Wayne Rooney and the presence of leaders like John Terry must also be credited with the change in England's fortunes. Click to continue reading...

Chelsea fans have been left surprised and confused by Peter Kenyon's sudden exit from his position as chief executive at Stamford Bridge. Rumors are slowly coming out about the reasons behind Kenyon's exit, and it appears as if the power struggle between Kenyon and sporting director Frank Arnesen eventually got the better of the former Manchester United executive.

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Big Story

Chelsea FC have announced chief executive Peter Kenyon will be stepping down October 31st while staying on as a non-executive director and liaison to both UEFA and the European Clubs' Association committees. As it stands this morning, the most likely explanation for Kenyon's resignation will be the Gael Kakuta affair—the Lens youngster whom Chelsea encouraged to break contract with the French club, leading to a two transfer window ban for CFC—although there were likely more important factors which led to today's announcement.

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UEFA have approved plans to bar high-rolling Barclays Premier League clubs from the Champions League if they spend beyond their means.
Michel Platini has got his way on 'financial fair play' rules that in principle will ban clubs from spending more than they make from their revenues. Click to continue reading...

Michel Platini's been throwing his weight around since assuming the UEFA high throne and, whether or not you agree with his ideologies, he's getting stuff done. Now queue his biggest move yet, one which could change the landscape of football starting in 2012-12: As of that year, clubs may only spend what they make from revenue [. Click to continue reading...

Chelsea have won quite a few titles during Roman Abramovich's reign but Champions League title remains just a dream, at least for the time being. The famous penalty miss by John Terry denied them the coveted title two years back but the Blues are now looking really well under new boss Carlo Ancelotti, who admitted the Champions League title was the main objective this season.

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What we know is that the Chelsea owner and a group of his finest friends the Daily Mail reckons more than 100, including former Blues boss and current Russia manager Guus Hiddink were in Tanzania last week to test their limits with a expedition up Africa's highest peak: Mount Kilimanjaro.

Now is where stories vary.

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Can This Man Own Milan?

For Milan fans, the news was bad enough that they had been trounced by rival Inter while being watched by their owner and Italian Prime Minister Silvio Berlusconi. However, a rumor circulating that Berlusconi has been in negotiations to sell the club to Libyan leader Muammar al-Gadaffi adds to the confusion about whether the team is a serious threat to the scudetto and Champions League.

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