With less than six weeks to go before the start of the season, newly rich London supremo's Chelsea appear to have scooped the transfer deal of the year.
In an unprecedented move the London club's new owner Roman Abramovich is reported to have signed every player in the premiership.
The record breaking GBP3.4 billion bid is expected to be concluded on Thursday morning.
Pressed for a comment on the breaking news, Abramovich was quick to set the story straight.
"Whilst it is true that we have signed 674 new players, I would like to quash the rumour that we are in any way connected with a bid for Emile Heskey. We're not stupid!"