Chelsea midfielder Frank Lampard told the press at Kuala Lumpur, where the Blues are currently undergoing their preseason training process, that he wasn't concerned about the fortunes spent by league champions Manchester United in the transfer market this season.

However, a similar cool amongst Chelsea supporters could be hard to find as there seems to be no movement in any of their transfer targets this summer. They've had two bids for Tottenham's Luka Modric rejected, while their pursuit of Anderlecht's Romelu Lukaku will be challenged by Arsenal and Manchester City.

The Metro reported that with Carlos Tevez and Emmanuel Adebayor on their way out of City, their manager Roberto Mancini has pinpointed 18-year-old Lukaku as a possible replacement, challenging Chelsea who have been pursuing the Belgian for a long time, with a view to replacing Didier Drogba in the long term.

However, despite attracting interest from 'big' clubs, Lukaku is unmoved.

I'm keeping a cool head,' said Lukaku. Normally I train and I play my game. If I thought too much or if I was holding back, it would be the best way to hurt me.

Chelsea's new manager, Andre Villas-Boas, is in no urgency to sign players as he prefers to analyse what he has before deciding whether to buy.

 We do not have the same sense of urgency that you are trying to put on me, said Villas-Boas.It is a big 15 days and then we will go to the market and do some proper business. The market has plenty to offer but we have to decide on our needs. The players here with us are top quality. By the time we go to the market we will know exactly what we need.

Modric

Modric is one of Chelsea's top targets for the summer, but they have had two bids rejected by Tottenham.

Genk keeper Thibaut Courtois is set to become Villas-Boas' first singing though, after Chelsea confirmed that he was due to take a medical at the Blues' training ground at Cobham. He is one for the future though, as he is brought mainly as the long term replacement for Petr Cech. With a view to giving him experience, the Blues are set to send him out on loan to Atletico Madrid for as long as three years, according to the player.

It is better for me to go to Atletico, Courtois said. I can learn more in Spain than in Belgium. I'll have to fight for my place, but that is life at the top. The easiest option for me would have been to stay at Genk.

I could be loaned out for a second or even third season before becoming part of Chelsea's first-team squad.

I was already presented to the players - Lampard and Terry immediately talked to me, and Drogba said he saw on TV how I celebrated the title with Genk, and goalkeeper Petr Cech and I exchanged a few words.

Since Michael Essien sustained a long term injury, Chelsea are on the lookout for a suitable replacement. The Mirror reports that Bayer Leverkusen midfielder Arturo Vidal has interested the Blues after netting 10 goals for the Bundesliga runners-up last season.

He is valued at £12million though 30 per cent of any fee will got to his former Chilean club Colo-Colo.

Former Chelsea midfielder Scot Parker, who impressed for West Ham and England last season, is also linked with a return to his old club as another possible replacement for Essien. Earlier reports suggested that the Blues would attempt a loan move for the 31-year-old, but The Sun reports that Chelsea will attempt to bring him in permanently with a £7.5million bid.

Despite failing to claim a starting berth at Chelsea in his former stint at the club in 2004, Parker is keen for a permanent move.