Bellamy eyes Anfield return
Craig Bellamy is waiting to agree a compensation package with Manchester City before deciding whether to complete a remarkable return to Liverpool on a free transfer, though the Anfield side will face competition from Tottenham for the Welsh international striker.
City are prepared to allow the 32-year-old, signed for £14m in 2009 but allowed to spend last season on loan at Cardiff, to leave for nothing in a bid to take his £90,000-a-week wages off their books.
The club's manager, Roberto Mancini, has made it clear Bellamy will not play for him again, but the forward will only leave the Etihad Stadium if the final year of his contract -- worth £4.6m -- is paid up.
It is believed he would be ready to stay in Manchester if no agreement can be reached. Kenny Dalglish sees Bellamy as the perfect cover for his first-choice strikers, Andy Carroll and Luis Suarez, and provisional talks with his advisors have confirmed the forward would be willing to rejoin the club he left in 2007.
Liverpool's forthcoming capture of the Uruguayan international defender Sebastian Coates, though, signals the end of Dalglish's spending and the Scot will only be able to recruit Bellamy -- given his wages -- if he is available without a fee.
Spurs would not be able to match Bellamy's salary but may be able to offer the Welshman more regular football.
Either move is likely to meet with the approval of Bellamy's international manager, Gary Speed, who yesterday admitted he would be delighted to see the striker at "a fantastic club" like Liverpool.
Dalglish may find himself in conversation with Harry Redknapp over the future of Joe Cole in the next five days, too.
The former England international is resigned to finding himself a new club in a bid to play first-team football and is hopeful of receiving offers from both Spurs and QPR before the close of the transfer window.
Bellamy aside, Dalglish's summer spending will conclude today as Coates lands on Merseyside for a medical this afternoon.
Meanwhile, midfielder Alberto Aquilani will return to Italy with AC Milan for the rest of the season after agreeing a loan move to the San Siro. (© Daily Telegraph, London)