Chelsea owner Roman Abramovich will back manager Carlo Ancelotti in this month's transfer market.
The Independent says Abramovich has assured Ancelotti that his job is safe for now in the wake of Chelsea's 1-0 defeat to Wolverhampton Wanderers on Wednesday that has left them with 10 points from the last 11 games. Ancelotti will also have the funds to bid for Benfica defender David Luiz this month.
Senior Chelsea figures were confident that Abramovich and his close aide and club director Eugene Tenenbaum were not preparing to make the same kind of swift decisions that brought to an end the employment of Jose Mourinho and Luiz Felipe Scolari.
Contrary to Ancelotti's remarks in the aftermath of defeat at Molineux, the club do not believe that they are completely out of the title race this season and the Italian himself is expected to underline that point at his weekly press conference today.
A deal for Luiz is on, however while the likes of Neymar, the 18-year-old Brazilian forward at Santos, are still targets, Chelsea are only prepared to make a major investment in the kind of player that they believe will make a significant long-term difference. There is a feeling that January is not the kind of time to make those signings.
