Arrival of new Chelsea boss to signal spending spree

Chelsea today confirmed the appointment of ex-Porto coach Andre Villas-Boas and this could signal the start of a spending spree at the West London club, according to Mirror Football.

Guus Hiddink was originally linked with the vacant manager’s position but the West London club have now moved for the 33-year old who becomes the youngest manager in the League. Villas-Boas worked as a scout under former manager Jose Mourinho at Porto, Chelsea and Inter Milan but now takes the reins at Stamford Bridge after the club paid £13.2 million for his services.

Chelsea look set to increase their pursuit of Santos star Neymar. The club first moved for the Brazil international last summer but, having had a bid in the region of £30 million turned down for the 19-year old this summer look set to offer closer to Santos’s £40 million valuation.

Villas-Boas is also reportedly keen on bringing two of his Porto stars with him to England and could move for prolific striker Falcao and Portugal midfielder Joao Moutinho. Chelsea will have to part with around £40 million to secure the Porto pair.

Moutinho began his career at Sporting Lisbon and captained the side at the age of only 19. However, he shocked many fans when he moved to bitter rivals Porto last summer in a £9 million deal and was an ever-present in the side that won both the Domestic and Europa Leagues making 50 appearances.

Colombian striker Falcao moved to the club from Argentinean side River Plate in 2009 and has scored a prolific 73 goals in 85 appearances for the club. The 25-year old has already been linked with moves to both Spurs and Arsenal and has a £26 million release clause.