Chelsea move for Andre Villas-Boas
Villas-Boas tendered his resignation with Porto yesterday, with last night's confirmation of the receipt of the compensation payment - reported to be 15million - paving the way for him to move on to a new club.
Chelsea swiftly confirmed their intention to appoint the 33-year-old as the replacement for Carlo Ancelotti, who was axed at the end of last season just 12 months after guiding the club to a league and FA Cup double.
"We can at this time confirm our interest in him and hope to reach agreement with him on personal terms," a Chelsea statement read.