BLUES FAILED WITH HELGUERA BID
By Adam Marshall
Last Updated: 01/01/70 1:00am
The Blues are always actively keeping an eye on the European market and Helguera is held in high esteem by Blues coach Claudio Ranieri.
Managing director Colin Hutchinson, the man responsible for transfers at Stamford Bridge, is believed to have been alerted by comments made by the 26-year-old during the contract talks.
Although he has now put pen-to-paper on a new deal at Santiago Bernabeu, which includes a number of incentives, Chelsea tried to benefit from Helguera's initial dissatisfaction with the terms on offer, as he claimed Real pay more attention to their transfer targets ahead of their existing staff.
The Londoners are rumoured to have offered over £16 million for the midfielder, rivalling another previous bid from Barcelona, but Helguera wanted to remain in the Spanish capital.
The player is seen as an important part of the Real squad, and a new five-year deal has been agreed, with an outlandish buy-out clause of some £55 million written into the contract.
Chelsea have been in talks with Real in a bid to sign Cameroon international Geremi Njitap, with some reports claiming The Blues have also enquired about Steve McManaman's availability.