Chelsea boss Luiz Felipe Scolari insists there's no need for him to spend big on his new squad.

He said: "Since I came to Chelsea we have only spent £8million on Deco.

"Jose Bosingwa came before I arrived. Who else have we bought? Maybe in the past they have spent more money.

"But now they don't need to spend as much because they already have a solid base.

"Now they need a coach to develop young players and I think I am that coach."