Chelsea's hopes of signing AC Milan superstar Kaka look to be at an end with the South American all but certain to agree a mega-money move to Real Madrid.
The 27-year-old was reported to have been the subject of a world record bid from the English club, but the Blues were quick to deny that there was any truth in those rumours.
A short statement from the Blues read: "We have never made an offer to AC Milan for Kaka and therefore not one at this extraordinary level."
Events moved on with Milan supremo Silvio Berlusconi stating that the Kaka saga would be over by next Monday, while Rossoneri general manager Adriano Galliani then confirmed that Madrid were set to seal the deal.
Returning Real president Florentino Perez added to the mix by confirming that Kaka was on his way to the Bernabeu, before speaking of his intention to try and prise Cristiano Ronaldo away from Manchester United.
He went on to speak in glowing terms about Liverpool midfielder Xabi Alonso, Valencia striker David Villa and Atletico Madrid forward Diego Forlan.
Sunderland have a new manager, with Steve Bruce leaving Wigan Athletic to take charge at the Stadium of Light on a three-year contract.
The Latics have moved quickly to find a replacement for Bruce and are close to naming Swansea City's Roberto Martinez as their new boss.
Meanwhile, Everton trio Phil Jagielka, Joseph Yobo and Tim Howard have all put pen to paper on new extended contracts with the club.
Defenders Jagielka and Yobo had both agreed new five-year deals before last weekend's FA Cup Final defeat, while goalkeeper Howard has followed suit this week.
West Ham have announced that defender Lucas Neill is to leave the club after rejecting the offer of a new contract from the Premier League outfit.
The 31-year-old Australian right-back joined the Hammers in January 2007, having previously enjoyed productive spells with Blackburn Rovers and Millwall.
In the Championship Brendan Rodgers has left Watford to become the new manager at Reading.
Andrew Symonds has hit the headlines for the wrong reasons in the world of cricket, being sent home from Australia's squad for the ICC World Twenty20 for a breach of team rules.
The 33-year-old all-rounder has been in trouble on several occasions in recent times and his latest misdemeanour is likely to signal the end of his career for the Baggy Greens.
Australia have been made third favourites in the online betting markets to win the tournament in England.
In rugby union, Andy Robinson has been named as the new head coach of Scotland.
The 45-year-old had been in charge at Edinburgh for the last two seasons, but has now been handed the opportunity to return to the international stage, having been in charge of England for two years between 2004 and 2006.