Rumours had been brewing over the last few months that Chelsea were interested in signing France forward Nicolas Anelka from Bolton. These were logical of course, because Anelka has been excellent this season, and has buckled down and worked on his game and temperament in the last few years. Chelsea were not the only interested party, and both Arsenal and Manchester United were rumoured to be interested, along with several continental clubs. The fees mentioned were anywhere between £8 and 12 million, and you can't say that Anelka isn't worth that.

Today however, official confirmation was received that Bolton rejected a bid from Chelsea. The amount of the bid is unclear but it is believed to be around £11 million, and it looks like Chelsea will have to shell out a lot of money, despite their slightly hilarious protestations of late that they are "not a spending club" and looking to "tighten the strings" and so on.

Apart from the fact that Chelsea have unlimited finances, and pay virtually 40-60% extra for all of their transfers because other clubs don't want to let them off lightly, there are several others reasons why Anelka will cost them a lot more:

1. Bolton are in quite a strong position. Anelka signed a 4 year deal at the start of the season. If he goes now, they can use the money to bring someone in, if he stays, then his class will be invaluable to them, and he can still be sold in the summer when Bolton can start a bidding war. Anelka has for a change not thrown his toys out of the pram and said that although he'd like to be playing Champions League football, he'd be happy to stay at Bolton as well.

2. Along with Dimitar Berbatov, Anelka is the best striker in the Premier League that isn't cup-tied for Europe. There are other strikers available in Europe (a few), but because of the way the Premiership is, it takes time for players coming from abroad to adapt, and with only 5 months left of the season, January signings generally need to come from within the league to have an impact. Anelka and Berbatov are not just two of the best in England, they are probably two of the best in Europe, and with Spurs reportedly wanting £35 million for Berbatov, Anelka is definitely the better option.

3. The African Nations Cup will deprive Chelsea of their two best attackers Drogba and Kalour. Pizzarro hasn't been much good, and Shevchenko's overall floppery is quite well known. They will be in serious need of attacking threat for a month or so, and so a striker buy is crucial.

4. Nevermind going missing for the ANC, but Drogba has once again come out and said that he wants to leave Chelsea, so they are also in the market for a top striker for next season, and Drogba's comments might seem him drop out of favour by the end of this one. The Ivorian had this to say - "The problem is that I say that I want to leave since two or three years. Mourinho's departure didn't help, to the contrary it made my desire to leave even bigger". Chelsea's main striker wants out, they're short of two for the next month and a half, their other strikers are poo, and they need someone who's good, not cup-tied, and able to spearhead them for at least a few years.

Bolton really hold all the cards on this one, although a lot depends on Anelka maintaining his good temperament and decent behaviour. If he decides to throw a strop and hands in a transfer request or something, then Chelsea will be able to bring the price down. But Anelka knows that he can get his move at the end of the season as well, so there shouldn't be any massive urgency. Peter Kenyon is also quite a poor negotiator, so Bolton should be able to get at least about £16-18 million for Anelka, if not more.

Carlos Tevez has been confirmed as having agreed to join Manchester United. The transfer fee is rumoured to be £20 million and it is expected that he will be signed and unveiled after Argentina's Copa America campaign is complete. West Ham are trying to do everything in their power to keep him, and will try to challenge this. Legally (technically, rather), they still own the player, but as was exposed by the Premier's League's investigation a few months ago, they really don't own or control him. Tevez has previously been seen showing up at a news conference in a Man United shirt, so it doesn't come as a huge surprise that if he had his choice of clubs, he picked United.

This leaves Manchester United with an army of attacking midfielders/strikers - Anderson, Tevez, Giggs, Scholes, Rooney, Saha, Nani and Cristiano Ronaldo, and it's thought that the last of those will finally be on his way to Real Madrid. All throughout last year Real kept chasing him and releasing statements about how they wanted him, and he in turn was completely non-comittal towards United. But he signed a new 4 year deal, amidst much celebration from the club, fans and the media. However, those with elephant-like memories might remember both his agent and Real Madrid making statements afterwards that went something like "one should never rule out a transfer". Well, this might still happened, or might have even already been agreed. It's possible the new contract was signed because they wanted full focus and as much high morale as possible to maintain their title run. It's possible also that they made an agreement with Ronaldo that he could leave (and maybe even with Real Madrid). Remember also, that Manchester United are financed completely by debt, and that they don't have Roman Abramovich to give them unlimited cash. The Glazers are money-makers, and on Tevez, Hargreaves, Nani and Anderson, they have spent a massive £70 million. Fake Ronaldo going the other way for £30-40 million would make the deficit more reasonable.

And lastly, Christian Chivu, who has been linked with both Barcelona and Real Madrid is quite possibly on his way. Real however are the more likely destination since Barcelona signed powerhouse left-back Eric Abidal (who can also play in the centre when needed). The Madridistas are also more in need of a solid centre-back than any other club, and Chivu would be perfect for them. Roma have spoken of late about how Chivu is not going anywhere, and how they don't want to sell him, but it's gone somewhat unnoticed that they've signed the excellent Brazilian international centre-back Juan from Leverkusen. Juan is not the kind of player that you keep on the bench, so unless they plan to let Philippe Mexes go (unlikely), they have already prepared for Chivu's departure.

Sorry to interrupt everyone's Copa America fever (who would have thunk it eh?), but I just thought I'd take a quick look around what's been happening in the transfer market. Please note that this is more or less just what is on my mind, so sorry if I miss out on discussing any transfers that people want, but you can always add on in the comments, or discuss it on the forums.

David Rozehnal
From PSG to Newcastle - £2.9 million
This is an interesting signing, and the type of signing you continually find with the German or French leagues - decent players being sold at decent prices, without the ridiculous over-hypedness/over-pricing(England) or buyout clause nonsense (Spain) or just general bickering, corruption and co-ownership (Italy and South America). Lyon, Marseille and Bayern Munich aside, all the clubs in those leagues seem perfectly content to transfer players between each other, irrespective of nationality or rivalries.

Newcastle have acquired a very solid, decent defender at an excellent price. 26 year old Czech centre-back Rozehnal is good in the air, has decent pace, and is a great reader of the game who can play the ball out of defence as well. It's one of those situations where the bigger clubs have busied themselves going after defenders who are quicker, stronger, and bigger, and Newcastle managed to strike a quick deal with struggling PSG, and Rozehnal was probably more-than-happy to come to a well-supported club in the "almighty" Premier League. Good luck to him, and Sam "I am the Walrus" Allardyce has added solidity to a backline that was about as stable as a jellyfish when featuring the talents of Titus Bramble, Ogyuchi Onyewu, Jean-Alain Boumsong and Craig Moore. NEXT.

Darren Bent
From Charlton to Tottenham - £16.5 million
Tottenham have continued their policy of "If it's English and runs, buy it". Livewire striker Darren Bent has signed from Charlton for a colossal feel of 16.5 meeyun quid. It's basically got most of England asking - "Did I hear correctly? Is Darren Bent actually more expensive than Thierry Henry?" I don't think that there will ever be an end to this ridiculous intra-England policy of deciding that English players are 100 times more valuable than their foreign counterparts (most of whom speak better English than them anyways). What is only slightly more bizarre is that West Ham had bid £18 million, and offered Bent £75,000 per week (he eventually signed for Spurs on £45,000 a week).

Still, Bent is a really good young player, very quick, subtly powerful, and with a real enthusiasm to score goals. He's still very raw, but will inject much needed pace into Spurs' front line. He will complement Berbatov well, but there are rumours that Berbatov is being lined up by Manchester United. His arrival will put into doubt the future of fellow Arsenal fan and Spurs teammate Jermain Defoe, who has gone from being a 20-goal a season man to a 20-minutes from the end substitute.

Olivier Kapo
From Juventus to Birmingham City - £3 million
Almost 4 years ago, Olivier Kapo was touted as being one of the biggest talents in France. Kapo, one of those weird attacking players who has never really been allowed to settle in any role (an AM LC/FC on FM), was a product of Auxerre's acclaimed youth system, and a member of the "golden generation" that saw the emergence of Philippe Mexes, Jean-Alain Boumsong, Khalilou Fadiga and Djibril Cisse (admittedly, some a bit less "golden" than others).

Unfortunately, instead of taking gradual steps up, he made the mistake of signing for Juventus (who promptly signed about a dozen other midfielders the next day), and never saw any first team football. He went on loan to Monaco and Levante, but seemed to be in limbo, and now has the chance to resurrect his talents in the midlands. If Birmingham do manage to sign Mathieu Flamini from Arsenal, then Flamini's workrate and running, and Fabrice Muamba's covering and tackling should provide a great base for Kapo to attack freely. Of course this is all dependent on Steve Bruce showing at least a little bit of tactical ability, and I have no faith in that.

And in the realm of rumours:

Djibril Cisse from Liverpool to Marseille (rumoured fee of £7 million)
About time really. All Cisse has done at Liverpool (apart from scoring in the FA Cup final) is break his legs. We all know the biggest part of Cisse's game is his hair, and he made the massive mistake of marrying his hairdresser on Merseyside... a marriage clearly not made in heaven, because in almost Samson-like fashion his hair and football ability both went to shit, and he was later arrested for assaulting his wife. Off you go.

Fernando Torres from Atletico Madrid to Liverpool (rumoured fee of £27 million)
If Rafa Benitez wants to sign El Niño, he is going to have to pay a hefty fee. The iconic young no. 9 is supposed to have a release clause of about £25 million pounds, and Atletico also want Liverpool to pay the £2 million loyalty bonus that Torres is supposed to be receiving from the Madrid club. Loyalty bonus. Can you believe that?

Anyways, although Torres has a lot going for him, he is very overrated. He has the potential to be a great player, but so far has always flattered to deceive. I wonder if he will flourish under Rafa Benitez, because Rafa doesn't really have a great record for grooming young players (or playing attacking football for that matter). He might have done better under the tutelage of Wenger or Ferguson, but it looks like Liverpool it is. Torres is talented, he's got bags of potential, and he's got great charisma and marketing value, but he is VERY overrated. When Djibril Cisse arrived, he was an expensive, overrated player, but one who had scored bags of goals. Torres arrives(?) as an expensive, overrated player as well, but one who really hasn't scored many goals.

Juninho Paulista to Hull City
THIS IS THE STRANGEST RUMOUR OF THEM ALL. Juninho, once the darling of the Middlesborough fans, one of the most talented players to have played in the Premiership, and one of the stars for Brazil in their 2002 World Cup triumph, is going to end up in the orange strip of Hull City FC. Bizarreness. In a career that has taken him from Sao Paulo to Boro to Atletico to Boro to Vasco to Flamengo, back to Boro AGAIN, and then Celtic and then back to Brazil with Vasco and then Flamengo (I AM COMPLETELY CONFUSED BY THIS MERRY-GO-ROUND NOW), Juninho is now set to go back to England.

He seems to have a special place for the English fans in his heart, and English fans all over remember him fondly as well. Hull City would be an interesting option. They are one-tier below the Premiership, and if Juninho was to help them get promoted, he might enjoy one last-love affair with the Premiership, and it might be worth it just for the reception at Boro vs Hull alone. That's assuming that Hull get promoted. Or that Boro get relegated :) Either way, it'll be the only way that Middlesborough manage to fill up their stadium for the first time in years.

Aaaaaaaaaaaaaand, i'm done. That was long. Hope you enjoyed it.