The club's chairman Wang Guolin said: "I want the best team in China and we are prepared to invest a lot of money to bring Ferdinand and Lampard to us. Many people here watch the Premier League and know how good the two players are."
Fellow Chinese side Shanghai Shenhua are still eyeing Didier Drogba, but are also in for Jose Mourinho - and will offer the Portuguese boss a mammoth £300,000 a week after tax. However he is expected to stay in Europe.
The deals are not so far-fetched as they might initially sound: the offers are being brokered by high-profile agent Pini Zahavi, who is already Ferdinand's agent. "When the Chinese want to achieve something they do it," Zahavi told the paper.
The good news that Fabrice Muamba is slowly continuing to recover makes many of the back, and front, pages. The Daily Mirror and Daily Star lead with the Bolton star asking to see his son Josh on awakening from his coma, while The Sun carries an exclusive with their columnist Harry Redknapp which describes the awful moment when the player collapsed.
"When they were pumping his heart, we realised just how desperate it was," the Spurs manager says. "I feared the worst. None of us could believe what had happened. Everyone was shocked.
"If it had been a Sunday morning footballer or non-league, I do not think he would have pulled through. It was obviously a problem that was there so it was lucky it happened where it did as the medical people were fantastic."
The Daily Telegraph reports that
The Portuguese club had insisted that they would not part with their talismanic Brazilian superstar unless somebody met the £85 million release clause in his contract; however the 25-year-old has apparently now decided that he wants to fish in a bigger pond than the Portuguese Superliga, and Porto would rather cash in than keep him against his will.
The Independent carries an exclusive report that
Villas-Boas had apparently made the pair his top summer targets, with goalkeeper Krul set to fetch £10m for the Toon and midfielder Tiote £20m. Despite AVB's sacking, Chelsea chiefs still want the deal to go through as they want to push ahead with a long-rumoured wholesale revamp of the squad.
The Daily Mail also has a
In other transfer news,