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[size=18pt]Chelsea Agree Terms With Benfica Over Transfer Of Ramires[/size]

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Highly rated midfielder Ramires is continually being linked with a move away from Benfica since his good performances for Brazil at the 2010 World Cup, but the reigning Portuguese champions appeared to be reluctant to let go of the 23-year-old.

The Aguias have now apparently changed their mind though, as a report in Record suggests that Benfica have reached an agreement with English powerhouse Chelsea over the transfer of the former Cruzeiro star. The Blues will reportedly pay a fee of €22 million to secure the services of the Brazil international.

Benfica recently sold 50 per cent of the player's rights to an investment group for a fee of €6m, meaning that they will only get €11m from the fee Chelsea pay. However, they only paid a reported €7m fee for Ramires to Cruzeiro a year ago and will thus still make a €10m profit on the young midfielder.

Ramires was left out of Benfica's starting XI in their 4-1 friendly win against Aston Villa on Sunday in order not to take any unnecessary risks with the upcoming transfer in the back of their minds.

Both clubs involved in the transfer have yet to confirm the transfer, but an official statement from Benfica is expected to be released later on Monday.


Goal.com

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Premier League side Fulham have appointed Mark Hughes as their new manager.

Much has been made of who would lead the Cottagers into the new season after Ajax manager Martin Jol recently turned down the post.

That hasn’t put off Hughes, though, as the ex-Manchester City boss penned a two-year deal with the club.

"I am happy to have joined Fulham following much speculation regarding the appointment of a new manager," he said. "I have discussed my aspirations with both the Chairman and Alistair Mackintosh and believe that we are aligned in our aims for what can realistically be achieved here.

"I am joining on the back of two of the most successful seasons in the club’s history, and that in itself brings with it the challenges of expectation and ambition. I am confident that with some additions to the squad, hard work and commitment, we can move this club forward in the right direction.

"I hope the Fulham fans will enjoy some special times during this season’s campaign and we will work hard to achieve that. I’m looking forward to working with the squad as soon as possible, and in making sure the on-pitch preparations are complete before the first competitive ball is kicked in August," Hughes concluded.

Fulham chairman Mohamed Al Fayed said, "I would like to welcome Mark Hughes to Fulham. I know that he understands my vision for the club, and believes in what we want achieve.

"We have enjoyed two incredibly successful years, and my hopes and dreams for this club are for that journey to continue. I am confident that with his Premier League and national team successes, Mark will be a great guy for the job."

Hughes will be officially unveiled at a press conference tomorrow.