Ron Dennis is ready to buy the 27-year-old out of his BMW-Williams contract for an immediate switch in 2004.
The German midfielder said he chose to sign for Chelsea instead of Manchester United because the English champions are a better team.
Patrick Head, Technical director of BMW Williams, recalls the first time he heard Juan Pablo Montoya's name.
The London club has recently been dubbed as the most hated team in England.
English Premier League leaders Chelsea have announced a profit of 18.4 million pounds ($28.89 million) for the year ending June 30 2014, the largest since Russian oligarch Roman Abramovich took over the club 11 years ago.
THE secretary general of the Indian Hockey Federation (IHF), Jyoti Kumaran confirmed that hockey star Jugraj Singh is being sent to a foreign country for treatment.
Chelsea has made record English soccer losses of 88 million pounds in 2003-04.
British newspapers have speculated that the Argentine international would move to Inter Milan at a much reduced fee.
Struggling Premier League champions Chelsea have held talks with Montreal Impact over former Blues striker Didier Drogba, the Major League Soccer team has said.
Chelsea, who won the League Cup in February, have 88 points and cannot be caught by 2004 champions Arsenal.
Peter Kenyon left his job as Manchester United chief executive to take the same position at their English premier league rivals Chelsea.
The former Chelsea chairman bought debt-ridden second division Leeds United for 10 million pounds.
Thousands of Chelsea fans turning out in west London to celebrate winning the Premier League title on Monday were told to prepare for more success next season by manager Jose Mourinho.
Real Madrid's Brazilian striker said he has no plans to join the English club.
The Manchester United manager said on Monday his side possessed the character to retain their premier league title.
The 23-year-old Portugal midfielder is Chelsea's fourth recruit under new manager Jose Mourinho.
Vladimir Potanin, an oil and mining magnate, was considering investing up to 120 million pounds on a new stadium for Arsenal.
Chelsea are poised to sign striker Hernan Crespo and take their spending to close on 100 million pounds.
The Italian has always been a fans' favourite and was voted the greatest player in Chelsea's history in a poll last season.
Speaking after Chelsea secured second place in the premier league and a slot in the Champions League, the Italian said "everything is open".
The 30-year-old is currently playing for the Italian club Inter Milan.
The Charlton Athletic midfielder joined Chelsea in a 10-million-pound deal.
LeicesterCity manager Claudio Ranieri says it will be "amazing" to walk onto the pitch as a league champion on Sunday at Chelsea, the club that sacked him 12 years ago.
As Leicester City celebrates its Premier League triumph, Bikash Mohapatra/Rediff.com salutes the man behind it.
Former Chelsea striker Didier Drogba has said he is discussing his future with Major League Soccer team Montreal Impact but that retirement talk was premature. French media reported on Wednesday that the 37-year-old Ivorian was to quit playing and join the coaching staff of Premier League champions Chelsea under interim manager Guus Hiddink. "Lovely to receive these messages but I have not yet announced my retirement and am still in discussion with @impactmontreal about my future," Drogba, who has a contract with Montreal Impact through to December, posted on Twitter.
Jose Mourinho was sacked as manager of Premier League champions Chelsea on Thursday, according to BBC sources, following a dreadful run of results.
Chelsea manager Jose Mourinho plans to stick with the English Premier League club for 12 seasons despite accepting his 'worst contract' in six years.
Chelsea must end their hire-and-fire approach and make sure the club's next manager is a long-term appointment, interim boss Guus Hiddink said on Friday. The Dutchman has overseen a dramatic turnaround in fortunes, helping the champions climb to 10th in the Premier League after they were struggling one point off the relegation zone when he replaced the sacked Jose Mourinho in December. Chelsea have changed their manager 10 times since Russian billionaire Roman Abramovich became owner 13 years ago with 2005, 2006 and 2015 league winner Mourinho serving two spells at the helm and Hiddink twice operating in an interim role. "The club has to go in a new way where it is not on short spells," Hiddink told a news conference ahead of Saturday's game against seventh-placed Stoke City at Stamford Bridge. "I think now they have to go into a new era of Chelsea where managers have more than one or two years."
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