Tag Archives: abramovich

Jose Mourinho: Chelsea will always be in my heart

Chelsea remain in my heart, says Mourinho as Abramovich closes in on deal to bring back Special One

By
Richard Sharpe

PUBLISHED:

14:04 GMT, 26 March 2013

|

UPDATED:

14:09 GMT, 26 March 2013

Jose Mourinho has fuelled speculation he will return to Chelsea next season, saying the club remains in his heart and he has 'big emotional connections' with Stamford Bridge.

It comes amid rumours that a deal to bring the Portuguese back to the London club is as good as complete following discussions with owner Roman Abramovich.

Tellingly, the Real Madrid manager played down persistent rumours he will join Manchester United, calling it 'Sir Alex's Kingdom' and willing Ferguson to continue in the job for many years to come.

Return: Jose Mourinho has said Chelsea remains 'in his heart' as speculation of a second spell at Stamford Bridge grows

Return: Jose Mourinho has said Chelsea remains 'in his heart' as speculation of a second spell at Stamford Bridge grows

In an interview with Sky Sports News recorded in London, Mourinho said: 'I can't deny in spite of this disgraceful weather I love it here and I have a house.

'I have big emotional connections with Chelsea, and one day I think naturally I have to be back to English football to Chelsea or another club.

'Chelsea means for me different than other clubs. It's in my heart as Inter is for example. One day I have to be back.'

Mourinho had been due to return to Stamford Bridge last night, as Brazil played Russia in a friendly match.

Despite being on the guest list of the Brazilian FA, there were no sightings of the 50-year-old in the stands.

However, it is now widely reported that a deal to replace Rafa Benitez at his former club is close to being agreed.

Good times: Mourinho with his Chelsea team after winning the Premier League title in 2005

Good times: Mourinho with his Chelsea team after winning the Premier League title in 2005

Reunion: Mourinho is believed to be close to agreeing a deal with Chelsea owner Roman Abramovich

Reunion: Mourinho is believed to be close to agreeing a deal with Chelsea owner Roman Abramovich

In the long-term though, many believe he will succeed Ferguson at Old Trafford when he eventually retires.

On the subject, Mourinho said: 'I was in Manchester three weeks ago with much nicer weather.

'I had a lot of fun with Sir Alex, texting him on the day of the match – I said, 'what is this fantastic sunny weather in Manchester' It was really good.

'I think Manchester is Sir Alex's Kingdom and I would love that job to be forever, of course it can't but I would love it for many more years.

'In the other chair is Roberto Mancini, with a contract, he was champion last year so I don't think there is a move over there.

Kingdom: Mourinho said he wished his friend Sir Alex Ferguson could carry on forever at Manchester United

Kingdom: Mourinho said he wished his friend Sir Alex Ferguson could carry on forever at Manchester United

'I hope everything goes well for everybody, even Benitez. I hope everybody finishes the season well. I wish for them the same I wish for myself to finish the season well.'

Mourinho added he still has unfinished business with Real between now and the end of the season.

'At the end of the day, I am in Madrid and I am very committed to the rest of the season.

'We are in the last eight of the Champions League and we have a [Copa del Rey] final to play with Atletico.

'I am professional and at the moment I only think about my job in Madrid.'

Chelsea want Manuel Pellegrini as manager – says agent

Chelsea target ex-Real Madrid boss Pellegrini after failing to land Guardiola and Klopp

By
Matt Fortune

PUBLISHED:

17:24 GMT, 15 February 2013

|

UPDATED:

17:24 GMT, 15 February 2013

Pedigree: Pellegrini spent a year as Real Madrid boss

Pedigree: Pellegrini spent a year as Real boss

Chelsea have made an approach for former Real Madrid manager Manuel Pellegrini, according to the Chilean’s agent.

The 59-year-old is currently in charge of Malaga, but has been widely linked with a move away during the summer due to the perillous financial situation at the La Liga club.

Pellegrini has enjoyed a mixed career in Spain following his first move to the country, with Villarreal in 2004. There, he led the Yellow Submarine to the brink of a Champions League final, before they were beaten by Arsenal in the 2006 semi-final.

His spell at the Andalucian club ended
in 2009 when he took charge at Madrid. His year in the capital, though,
ended empty handed despite a haul of 96 points leaving them second to
Barcelona.

Interim: Benitez (left) is in charge at Chelsea until the end of the season

Interim: Benitez (left) is in charge at Chelsea until the end of the season

Chelsea, meanwhile, are currently being led by Rafael Benitez on an interim basis and are on the hunt for a permanent manager.

Roman Abramovich has missed out on No 1 target Pep Guardiola, who joined Bayern Munich, while Borussia Dortmund boss Jurgen Klopp dismissed suggestions last week that he would move to Stamford Bridge.

Missing out: Abramovich has failed to land both Guradiola (left) and Klopp (right)

Missing out: Abramovich has failed to land both Guradiola (left) and Klopp (right)

Missing out: Abramovich has failed to land both Guardiola (left) and Klopp (right)

And now speaking to Spanish paper El Mercurio, Jesus Martinez has revealed Chelsea, as well as Italian side AS Roma, have enquired about his client.

He said: ‘Less than 15 days ago we had an offer from Roma, but we declined outright. We said no because we are midway through the season.

‘Chelsea and other clubs have asked, but nothing else official has been said. Manuel would love to manage in the Premier League, but he’d also like to go to Germany, Italy and other championships. There is plenty of time to analyse where he will be next season.

Highly rated: Pellegrini's Malaga won their Champions League group this season

Highly rated: Pellegrini's Malaga won their Champions League group this season

‘Manuel has a contract with Malaga. I believe that in April or May we will know clearly what will happen with his future, to see if the sporting project is changing and we need to make a decision.

‘Our first intention is to respect our commitment, but that also depends on the conditions which exist.’

Frank Lampard now set to be offered fresh Chelsea deal in shock U-turn by Roman Abramovich

EXCLUSIVE: Lampard set to be offered fresh Chelsea deal in shock U-turn by Abramovich

By
Neil Ashton

PUBLISHED:

10:28 GMT, 7 February 2013

|

UPDATED:

11:39 GMT, 7 February 2013

Roman Abramovich has made a sensational U-turn over the future of Frank Lampard and opened talks over a new contract.

Lampard, who scored the winner for England in last night’s 2-1 victory over Brazil, had been told he could leave Chelsea at the end of the season.

Incredibly, Chelsea made their move for the fans’ favourite last week and talks about him staying are at a preliminary stage.

VIDEO: Scroll down to watch Lampard's stunning winner for England v Brazil

Still got it: Frank Lampard is mobbed after scoring the winner for England against Brazil last night

Still got it: Frank Lampard is mobbed after scoring the winner for England against Brazil last night

Net gains: Lampard fires past Brazil's goalkeeper Julio Cesar to hand England victory at Wembley

Net gains: Lampard fires past Brazil's goalkeeper Julio Cesar to hand England victory at Wembley

Sources at Stamford Bridge insisted this morning that the talks were ‘positive’ and the club will formalise the fresh talks with a firm offer.

The precise terms of the new deal for Lampard, 34, have yet to be discussed, but the initial meeting with Chelsea has taken place.

Abramovich, who is in Malaga on business, is aware of the fans’ protests against the decision to release the midfielder after 12 years at the club.

Lampard has scored 10 goals in just 17 Barclays Premier League appearances this season after recovering from injury.

Centre of attention: All eyes have been on Lampard's next move as his Chelsea deal winds down

Centre of attention: All eyes have been on Lampard's next move as his Chelsea deal winds down

Goal king: Lampard is on a golden run of goals despite Chelsea's difficult season

Goal king: Lampard is on a golden run of goals despite Chelsea's difficult season

He is now second in the list of all-time leading scorers at the club and is just five goals from equalling Bobby Tambling’s record of 202 in a Chelsea shirt.

The midfielder has been one of the club's most consistent players this season and supporters have begged Abramovich to give him a new deal.

Chelsea’s owners is becoming increasingly sensitive about his popularity at the Bridge and is determined to put his club back at the top of European football.

That process began when he changed his mind about Ashley Cole and gave England’s left back a new one year extension to his contract.

Lampard is next in line and talks are expected to resume within the next week after Chelsea made their shock move to keep him. A Chelsea spokesman declined to comment this morning.

Green light: Roman Abramovich has now given the thumbs up to a new deal for Lampard

Green light: Roman Abramovich has now given the thumbs up to a new deal for Lampard

Although Lampard has consistently told Blues supporters he wants to stay in various interviews, the midfielder believed his career at Stamford Bridge would be over in the summer.

Lampard’s future is time sensitive because he already has a number of offers from other clubs around the world.

Paris Saint-Germain, coached by former Chelsea manager Carlo Ancelotti, are the latest club to put down a marker for the midfielder.

LA Galaxy, who have offered Lampard a two-and-a-half year deal, are pushing for an answer. The MLS season starts in March, but the player will have commitments with Chelsea until the end of the season and also with England.

Roy Hodgson’s side play a friendly against the Republic of Ireland on May 29 and then travel to Brazil on June 2.

Financial Fair Play: Premier League agree financial cap and clubs will face points deduction

Premier League agree financial cap and clubs will face points deduction if they breach new rules

By
Martyn Ziegler, Press Association

PUBLISHED:

12:21 GMT, 7 February 2013

|

UPDATED:

19:08 GMT, 7 February 2013

How Martin Samuel broke the story…

Martin Samuel revealed last month that Arsenal, Manchester United, Tottenham and Liverpool were looking to shackle the spending of Chelsea and Manchester City

Top-flight clubs will face a points deduction if they breach new spending controls agreed today, Premier League chief executive Richard Scudamore has confirmed.

The 20 club chairmen agreed to two significant controls – to limit players' wage bills from next season, and longer-term measures that will restrict the amount of losses clubs can make to 105million over three years.

Clubs whose total wage bill is more than 52million will only be allowed to increase their wages by 4million per season for the next three years, though that cap does not cover extra money coming in from increases in commercial or matchday income.

The effect of the financial controls
should prevent hugely wealthy owners achieving the almost-overnight
success of Chelsea and Manchester City.

Moneybags: Man City have splashed the cash in their bid for Premier League domination

Moneybags: Man City have splashed the cash in their bid for Premier League domination

Rolling in it: Chelsea have spent hundreds of millions under Roman Abramovich

Rolling in it: Chelsea have spent hundreds of millions under Roman Abramovich

Any club breaching the rules will face tough sanctions – and Scudamore said they would be pushing for points deductions.

Scudamore told reporters: 'As all things in our rulebook you will subject to a disciplinary commission.
'The clubs understand that if people break the 105m we will look for the top-end ultimate sanction range – a points deduction.

'Normally we stay silent on sanctions
as the commission has a free range but clearly if there is a material
breach of that rule we will be asking the commission to consider top-end
sanctions.'

Scudamore said there would be an
'absolute prohibition' on clubs reporting losses of more than
105million over the next three years with the first sanctions possible
in 2016.

Of the 20 clubs in the top flight,
only Manchester City, Chelsea and Liverpool have reported losses of more
than 105million over the last three years, according to the most
up-to-date published accounts.

Scudamore said that the measures
would mean it will take longer for benefactor owners to achieve success –
but that it would still be possible.

He said: 'The balance we have tried
to strike is that a new owner can still invest a decent amount of money
to improve their club but they are not going to be throwing hundreds and
hundreds of millions in a very short period of time.

'While it has worked for a couple of
clubs in the last 10 years, and I am not critical of that, if that's
going to be done in the future it's going to have to be over a slightly
longer term without the huge losses being made.

FFP plans: The letter, revealed exclusively by Sportsmail's Martin Samuel, with the Arsenal header which says the proposed regulations do not go far enough

FFP plans: The letter, revealed exclusively by Sportsmail's Martin Samuel, with the Arsenal header which says the proposed regulations do not go far enough

Part two of the letter

'I think at 105million you can still
build a very decent club with substantial owner funding but you have to
do it over time, you can't do it in a season.'

'Chelsea won the Premier League two
years after Roman Abramovich's takeover, and Manchester City's title
success came three years after Sheik Mansour's takeover.'

Any club making any loss of over 5million a year will have guarantee those losses against the owner's assets.

'In some ways that's the most
significant part, this is a three-year rolling system of secure funding –
it's one year at the moment,' added Scudamore.

The ceiling when the wage increase
restrictions kick in will be 52million next season, 56million the
following year and 60million in 2015-16. Only seven of the current
top-flight clubs would be under that ceiling at the moment.

West Ham's co-owner David Gold said that the proposals for controls had received backing of the majority of chairmen.

He said: 'We have all voted and it
was overwhelmingly supported, not by all the clubs – some are a little
concerned – but the vast majority of the clubs voted in favour.

'It's not a salary cap, it's a
restraint on over-spending. If clubs increase their revenues then they
can increase their spending.

'We have got restraint, that's the important thing. What's driving the whole thing is we've got to avoid another Portsmouth.'

Benitez will have no more money to spend in the transfer window

Window of opportunity closing for Benitez as Chelsea tighten the purse-strings

By
Ben Rumsby, Press Association

PUBLISHED:

15:44 GMT, 29 January 2013

|

UPDATED:

16:03 GMT, 29 January 2013

Rafael Benitez today admitted he does not think Chelsea will give him any more money to spend before the transfer window closes.

Interim Blues boss Benitez confirmed last week he had told owner Roman Abramovich that his squad was not strong enough to cope with the unprecedented fixture pile-up facing them this season.

But he appears to have given up hope of being allowed to add to the January signing of Demba Ba before Thursday’s transfer deadline.

Benitez admits there are no more funds for transfers

The well runs dry: Benitez admits there are no more funds for transfers

Benitez isn't expecting to add any signings to Demba Ba

No more: Benitez isn't expecting to add any signings to Demba Ba

David Moyes is said to be a possible replacement for the manager next season

On the way out: David Moyes is said to be a possible replacement for the manager next season

Asked if he anticipated any movement in the final 48 hours of the window, he said: 'I don’t think so but my job is to improve my squad and manage the situation we have.'

Abramovich and the board’s reluctance to back Benitez in the transfer market will reinforce the view that he has become a dead man walking at Stamford Bridge just over two months after succeeding Roberto Di Matteo.

It is understood there is currently no prospect of him losing his job before his contract expires this summer but reports persist that the club are already actively discussing replacing him next season.

Benitez shrugged off the speculation, which has included Everton boss David Moyes being linked with his job.

'My position is exactly the same,” he said, confirming he had held talks with technical director Michael Emenalo in the wake of Sunday’s FA Cup fourth-round draw at Brentford.

'I was speaking about football with Michael Emenalo, as normal.

'I will try to do my job as well as I can, and try to do my best every game.'

Didier Drogba signs for Galatasaray after snubbing Chelsea

Chelsea blow as Drogba signs 18-month deal at Turkish giants Galatasaray despite approach from his former club

By
Andy James

PUBLISHED:

18:22 GMT, 28 January 2013

|

UPDATED:

19:40 GMT, 28 January 2013

Didier Drogba has signed an 18-month deal with Galatasaray after turning down the chance of a sensational return to Chelsea.

The Ivorian has joined the Turkish outfit on loan from his Chinese club Shanghai Shenhua.

Roman Abramovich gave the go-ahead last week to offer Drogba a deal until the end of the season, with an option for a further year.

Done deal: Former Chelsea striker Didier Drogba, who is with Ivory Coast at the Africa Cup of Nations, has completed a loan move to Turkish club Galatasaray from Chinese outfit Shanghai Shenhua

Done deal: Former Chelsea striker Didier Drogba, who is with Ivory Coast at the Africa Cup of Nations, has completed a loan move to Turkish club Galatasaray from Chinese outfit Shanghai Shenhua

Turkish delight: Didier Drogba is set to join Galatasaray on an 18-month contract

Incredibly the talks were so far
advanced that Chelsea were convinced that the man who delivered the
European Cup last season was on the brink of signing before Thursday’s
transfer deadline.

He won three Premier League titles,
four FA Cups and his Chelsea career ended with that glorious finale
against Bayern Munich in the Allianz Arena in May last year.

Chelsea
offered him a year’s extension on reduced terms at the time, but
Drogba, 34, decided to quit after lifting the Champions League.

The Blues have been struggling without him this season and Fernando Torres, who scored yesterday, is still struggling for form.

Struggles: Drogba failed to settle in China with Shanghai Shenhua

Struggles: Drogba failed to settle in China with Shanghai Shenhua

Champion: Didier Drogba sits on the pitch with the European Cup

Champion: Didier Drogba sits on the pitch with the European Cup

Drogba, whose family still live in
Surrey and whose children attend Chelsea’s academy, has been training
with his old team-mates ahead of the Africa Cup of Nations and they
initially began teasing him that he wanted to return.

Despite the temptation to relive the
glory years with his former team-mates, he will guarantee Champions
League football by signing for Galatasaray.

The
big-spending Turkish side, who recruited former Champions League winner
Wesley Sneijder last week, expect to announce the deal for Drogba this
week.

Galatasary face
Schalke in the European Cup next month and the lure of playing in the
competition he won last season proved too much.

More to follow….

Big spenders: Galatasaray also snapped up Dutchman Wesley Sneijder (right)

Big spenders: Galatasaray also snapped up Dutchman Wesley Sneijder (right)

Didier Drogba turns down Chelsea return to sign for Galatasaray

EXCLUSIVE: Drogba turns down stunning offer to REJOIN Chelsea as under-fire Abramovich tries to win back the fans

By
Neil Ashton

PUBLISHED:

16:44 GMT, 27 January 2013

|

UPDATED:

07:52 GMT, 28 January 2013

Didier Drogba will turn down a sensational approach to return to Chelsea and sign an 18-month contract with Galatasaray.

Sportsmail can reveal that Roman Abramovich gave the go-ahead last week to offer Drogba a deal until the end of the season, with an option for a further year.

Incredibly the talks were so far advanced that Chelsea were convinced that the man who delivered the European Cup last season was on the brink of signing before Thursday’s transfer deadline.

Turkish delight: Didier Drogba is set to join Galatasaray on an 18-month contract

Turkish delight: Didier Drogba is set to join Galatasaray on an 18-month contract

Turkish delight: Didier Drogba is set to join Galatasaray on an 18-month contract

Turkish delight: Didier Drogba is set to join Galatasaray on an 18-month contract

It also appears that after unexpectedly re-signing Ashley Cole on a one-year deal last week, Chelsea are embarking on a major charm offensive supporters.

They were furious with Rafa Benitez yesterday as they drew 2-2 in the FA Cup at League One side Brentford at Griffin Park and chanted ‘you don’t know what you’re doing’.

Terms on the deal had been offered to Drogba — who joined Chinese club Shanghai Shenhua in May — and there was a huge emotional pull to return to Stamford Bridge.

Struggles: Drogba failed to settle in China with Shanghai Shenhua

Struggles: Drogba failed to settle in China with Shanghai Shenhua

Champions League trophy: Didier Drogba sits on the pitch with the trophy

Champions League trophy: Didier Drogba sits on the pitch with the trophy

He won three Premier League titles, four FA Cups and his Chelsea career ended with that glorious finale against Bayern Munich in the Allianz-Arena in May last year.

Chelsea offered him a year’s extension on reduced terms at the time, but Drogba, 34, decided to quit after lifting the Champions League.

helsea have been struggling without him this season and Fernando Torres, who scored yesterday, is still struggling for form.

Drogba, whose family still live in Surrey and whose children attend Chelsea’s academy, has been training with his old team-mates ahead of the Africa Cup of Nations and they initially began teasing him that he wanted to return.

Big spenders: Galatasaray also snapped up Dutchman Wesley Sneijder (right)

Big spenders: Galatasaray also snapped up Dutchman Wesley Sneijder (right)

Despite the temptation to relive the glory years with his former team-mates, he will guarantee Champions League football by signing for Galatasaray.

The big-spending Turkish side, who recruited former Champions League winner Wesley Sneijder last week, expect to announce the deal for Drogba this week.

Galatasary face Schalke in the European Cup next month and the lure of playing in the competition he won last season proved too much.

Rafael Benitez says he can win Chelsea the Premier League

Benitez: Give me a full season at Chelsea and we can be Premier League champions

By
Rob Draper

PUBLISHED:

21:52 GMT, 26 January 2013

|

UPDATED:

00:00 GMT, 27 January 2013

Rafa Benitez has admitted he would love to stay at Chelsea and that he would have a better chance of winning the league if the club give him a full season to impose his ideas.

Chelsea take on Brentford on Sunday in the FA Cup fourth round, the last domestic trophy they can realistically win, and Benitez says the negative reaction by fans to his reign so far would not stop him from taking the job next season if he were offered it and that he would relish a proper chance to challenge for the title.

Having lost the World Club Cup and been knocked out of the Capital One Cup by Swansea, Benitez would need to win the FA Cup or Europa League to convince owner Roman Abramovich to give him the job.

Stick with me: Rafa Benitez has urged Roman Abramovich to keep him in the job at Chelsea for a full season

Stick with me: Rafa Benitez has urged Roman Abramovich to keep him in the job at Chelsea for a full season

But Benitez believes his side are making progress and the key figures at the club – Abramovich, his assistant, Marina Granovskaia, and technical director Michael Emenalo – are said to be impressed with his approach to training and tactics.

Despite the Capital One Cup defeat and disappointments at home against QPR, Swansea and Southampton, Benitez is optimistic for next season.

'I'd like to be in a top side,' he said. 'And Chelsea are a top side with great potential. So it's a great opportunity. I came in the middle of the season, so I couldn't change too many things and I had to work with the squad I had.

'This team have enough quality and they're a good squad but the circumstances of this year have been difficult. This is a top side and if they continue doing things in the right way they will always be challenging for trophies.'

Benitez believes his record will stand up to scrutiny at the end of the season, given that the club have switched to a new playing style, are attempting to overhaul the key players and that he only started mid-season.

He said: 'If you go outside and it's snowing and you fall down, they say, “Ah, he fell down”. But the reality is, it's snowing, which makes it slippery and makes you fall down.

'So if you analyse all the managers [at Chelsea], how many had a pre-season here Not me. How many managers have spent massive money here Not me. How many managers have played in Japan in the middle of the season and have some players injured and some at the African Nations Only me.'

Shame: Eden Hazard was sent off in Chelsea's last outing for kicking out at a ball boy

Shame: Eden Hazard was sent off in Chelsea's last outing for kicking out at a ball boy

Back in action: Hazard was in training this week at Chelsea's Cobham base

Back in action: Hazard was in training this week at Chelsea's Cobham base

Benitez wants to sign a holding midfielder, having concluded the team do not distribute the ball quickly enough from defence to attack.

But Emenalo and the board are reluctant to commit to a major signing in January given that the identity of the future manager is unclear.

With Oriol Romeu injured and John Mikel Obi at the African Cup of Nations, Benitez has been forced to play Ramires and Frank Lampard in holding midfield almost every game when his inclination would be to rotate the older players.

Benitez said: 'We have enough quality in the squad. The question is do we have enough bodies'

Next up: Uwe Rosler will be hoping that Brentford can topple Chelsea on Sunday

Next up: Uwe Rosler will be hoping that Brentford can topple Chelsea on Sunday

Chelsea move to Earls Court from Stamford Bridge unlikely after setback

Stay away, Chelsea! Roman stadium blow as Blues told they have 'no place' at Earls Court

By
David Kent

PUBLISHED:

17:20 GMT, 23 January 2013

|

UPDATED:

17:45 GMT, 23 January 2013

Chelsea have been dealt a fatal blow in their pursuit of moving to a bigger stadium away from Stamford Bridge.

Owner Roman Abramovich is desperate to relocate the west London club to Earls Court.

But the Russian billionaire will have to reconsider his lofty plans following a damning joint statement released by Hammersmith and Fulham Council, and developer EC Properties on Wednesday.

Moving on: Stamford Bridge has been Chelsea's home since 1905

Moving on: Stamford Bridge has been Chelsea's home since 1905

Bird's eye view: Roman Abramovich had set his sights on the Earls Court Exhibition Centre

Bird's eye view: Roman Abramovich had set his sights on the Earls Court Exhibition Centre

'Neither of the two landowners believes
that the inclusion of a football stadium in the scheme would offer the
regeneration benefits of the existing master plan,' the press release read.

'It is the firm intention of the two
landowners to proceed with this landmark regeneration, creating 9,500
permanent new jobs and around 36,000 temporary construction jobs.

Plans for the redevelopment of the Earls
Court site have been unveiled after an agreement paving the way for
1billion worth of community benefits in North Fulham and Earls Court
was signed – with Chelsea not part of that.

Blow: Roman Abramovich will be forced to reconsider his plans after another setback

Blow: Roman Abramovich will be forced to reconsider his plans after another setback

Hammersmith and Fulham Council Leader Nicholas Botterill added: 'There really is no place for
Chelsea Football Club within the Earls Court redevelopment.

'It remains
the council's firm belief that the future of Chelsea FC is best served
at their historic home of Stamford Bridge.'

Despite the obvious setback, Sportsmail understands Chelsea will continue to monitor the site as an option with the Stamford Bridge club aware that similar language has been used before.

Nevertheless today's statement will still come as a huge blow to Abramovich who continues to look for a new home for his side who have been based at Stamford Bridge since 1905.

Chelsea's hopes of moving to Battersea Power Station were extinguished last year after a Malaysian consortium completed a 400million purchase of the London landmark.

The Blues lodged a bid to move to the iconic 39-acre site on the south bank of the River Thames.

The west Londoners released plans in May that detailed how they hoped to turn the derelict site in to a 60,000-seater stadium incorporating the four famous chimneys.

More follows…

Ashley Cole to sign new Chelsea contract

Cole's feeling the Blues with England ace set to sign new one-year Chelsea deal

By
Joe Bernstein

PUBLISHED:

18:09 GMT, 19 January 2013

|

UPDATED:

21:50 GMT, 19 January 2013

Roman Abramovich has offered an olive
branch to hostile Chelsea fans by handing England defender Ashley Cole a
new contract to stay at Stamford Bridge beyond the summer.

Abramovich, shaken by demonstrations
against interim manager Rafa Benitez and the decision to let Frank
Lampard leave at the end of the season, has awarded Cole a one-year deal
worth 8million with an option to stay at Stamford Bridge beyond that.

Snow more talk: Ashley Cole is set to sign a deal prolonging his Chelsea career

Snow more talk: Ashley Cole is set to sign a deal prolonging his Chelsea career

Cole, 32, will sign the contract
this week and his decision to remain rather than accept the advances of
Real Madrid and Paris Saint-Germain, will delight Chelsea fans, who
feared the old guard was being dismantled by the Russian owner.

Cole has won every major trophy at
Chelsea, including the Premier League and Champions League, after
joining the club in controversial circumstances from Arsenal in 2006
under Jose Mourinho.

He has been courted by some of
Europe's top clubs, who recognised that the left-back capped 99 times by
his country would have been one of the best Bosmans of the summer.

Cole has said in the past he does not
see himself playing on to his mid-thirties so this contract could see
him end his career at Stamford Bridge.

Blue is his colour: Cole has been at Chelsea since his split from Arsenal in 2006

Blue is his colour: Cole has been at Chelsea since his split from Arsenal in 2006

But his signing will give Chelsea a much-needed feelgood factor ahead of their Premier League clash with Arsenal at lunchtime today.

There has been widespread abuse aimed towards Benitez since he replaced Roberto Di Matteo earlier this season.