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| US Oil Options |
 ACCORDING to the current storyline
regarding this fall's presidential
election, Barack
Obama has jumped out of the
frying pan of a weak economy
into the fire of skyrocketing gas prices,
a spike driven largely by tensions in... |
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| CONSENSUS
ON IRAN |
 I WONDER if we in the news
media aren't inadvertently
leaving the impression that
there is a genuine debate
among experts about whether
an Israeli military strike on Iran
makes sense this year. |
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Chelsea offers Blanc $12mn for manager’s job
AFP
LONDON CHELSEA is willing to make Laurent Blanc the highest paid manager in English football after identifying the France coach as the frontrunner for the vacancy at Stamford Bridge, The Times reported on Tuesday.
The newspaper said Chelsea were ready to offer Blanc a staggering $12.8 million annual salary if he stepped down from his position with France after the European Championships.
The Times reported that “intermediaries acting on behalf” of Chelsea owner Roman Abramovich had made initial contact with Blanc’s camp last week to see if the former France captain was interested in the role.
The report did not give any indication of whether Blanc, whose contract with France runs out after Euro 2012, was keen on the Chelsea job.
The Times reported that Abramovich was ready to shell out a salary that would make Blanc the highest paid coach in England, dwarfing the £5 million paid to Roberto Mancini at Manchester City.
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