Looks like Chelsea is choosing not to flex it’s poweful buying muscles in the Ashley Cole deal, as they have pulled out of the deal saying that Arsenal’s valuation of Cole at £25million is not in line with Chelsea FC’s valuation of the player.

It seems that Arsene Wenger and co are trying desperately to hang on to Cole as long as possible especially after Henry’s public remark that losing Cole would be a “massive” blow to Arsenal.

I believe Chelsea are now a little wiser in the transfer market and would not spend £25million on a single player, i think Jose Mourinho is prepared to look elsewhere for a leftback, cause without Cole in their ranks they still need a leftback after offloading Del Horno to Valencia.

A Chelsea statement read: “Chelsea FC has been in discussions with Arsenal Football Club for some time over the possible transfer of Ashley Cole.

“Chelsea has made a very substantial offer for the player. Although discussions have continued, Arsenal’s valuation of the player does not match Chelsea’s and therefore no agreement can be reached in the current circumstances.”

But who can Mourinho buy? Roberto Carlos? Sorin? time will tell soon enough :D

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