Oscar deal: Chelsea seal £25m move for Brazil starlet

Chelsea have completed the signing of Brazil playmaker Oscar from Internacional. The 20-year-old joins the European champions in a deal worth £25million.

He is part of Brazil's squad for London 2012 and played in the 2-0 warm-up victory over Team GB last Friday.

Doubts had been cast over his move to Stamford Bridge after the Brazil international said he would not to allow the transfer distract him from trying to win Olympic gold.

Oscar has been the subject of intense speculation linking him with a move to Stamford Bridge all summer.

Read more: Daily Mail

Mancini pens £37.5million five-year deal with City

Bringing an end to speculations, Manchester City killed off Russian interest in Roberto Mancini on Monday night by making him the highest-paid manager in the country after agreeing a £37.5million five-year deal.

The 47-year-old, who guided City to last season’s Barclays Premier League title, signed a contract extension worth £7.5m a year.

He overtakes Arsenal boss Arsene Wenger, who is on £6m a year, and Sir Alex Ferguson, who earns a £4m basic salary at Manchester United.

Read more: Daily Mail