Posted January 04, 2013 on
AP on Fox
Chelsea's policy in the January transfer window appears to be about reconciling the cost of chasing titles with exercising financial diligence.
About $8 million has already been raised this week by offloading Daniel Sturridge to Liverpool and signing Demba Ba from Newcastle.
At the same time, Chelsea is showing there is little room for sentimentality by failing to yet offer Frank Lampard a new contract despite the fans' favorite still providing goals from midfield at 34.
Captain John Terry even acknowledged that he would be ''devastated'' if Lampard left the European champions.
Also Friday, West Ham signed midfielder Joe Cole from Liverpool and striker Marouane Chamakh joined on loan from Arsenal until the end of the season.
Newcastle strengthened its defense by signing France right back Mathieu Debuchy from Lille.
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Frank Lampard's agent has denied giving an interview in which he was reported to have said his client was "certain" to leave Chelsea .
Steve Kutner was quoted on cittaceleste.it as saying the England midfielder would definitely depart Stamford Bridge in the summer and that a move to Serie A was possible.
"As for the future, the only certainty is that he will...
John Terry has revealed his devastation at Frank Lampard's possible departure from Chelsea and called for his team-mate's jersey to be retired.
Lampard is out of contract at the end of the season and there has been no sign of the Blues offering him a new deal.
Friday morning saw club captain Terry post a picture of him and Lampard holding the FA Cup on his Instagram account...
Chelsea captain John Terry said he is ''devastated'' at the prospect of veteran midfielder Frank Lampard leaving the club.
The 34-year-old Lampard's contract expires at the end of the season, and there are no signs he will be offered a new deal.
''Devastated is an understatement,'' Terry wrote Friday on his Instagram social networking account...