Chelsea boss Jose Mourinho is happy with the strength of his squad, insists chief executive Peter Kenyon.

"I'm not worried about what they've spent but we are always looking at how they have strengthened versus how we have strengthened," conceded Kenyon, a former chief executive at Old Trafford.

"It is not just about money. We're happy where we are. We are going to spend on Malouda. If we felt there were other players who were right then there's money to spend on those, too.

"We believe that with our squad we are capable of competing in all four competitions. This is very much Jose Mourinho's wish in terms of what he wanted and the positions he was looking at. Jose's very happy with the squad."

Yet Kenyon insists there can be no repeat of last season's failure on the pitch and the bitter in-fighting off it.

The break has cooled tempers and manager Mourinho will be on the plane to Los Angeles for the start of their pre-season tour despite the speculation about his future.

Kenyon said: "Time always heals and Jose has had a good break. A long break has been good for absolutely everybody. I hope we don't repeat last year."