Ezequiel Lavezzi
Lavezzi scored twice against Chelsea in his team's 3-1 victory at Naples earlier this year Reuters

European champions Chelsea have missed out on a second high-profile signing of the summer, following the arrival of former Lille playmaker Eden Hazard for £32mn. The Belgian's arrival was preceded by that of Werder Bremen midfielder Marko Marin for £15mn. As manager Roberto Di Matteo and owner Roman Abramovich continue their summer re-building project (and spending spree), the Daily Mail has confirmed that the club has lost the signature of Ezequiel Lavezzi.

The 27 year old Argentinean has agreed to swap the colours of Italian Serie A club Napoli for French Ligue 1 outfit Paris St Germain, for a five year deal worth £77,000 per week. PSG, it is reported, will pay Napoli an unconfirmed fee in the region of £21mn. The news was confirmed by a statement on Napoli's official Web site, which was quoted by an ESPN report.

"President Aurelio De Laurentiis and everyone associated with the club want to thank 'il Pocho' for contributing to the growth of the team and the achievement of important goals both in Italy and Europe," the club statement read. There was also confirmation on PSG's official Web site, where it was reported the player will be given the No 11 jersey.

"In sporting terms, a club like Paris Saint-Germain will make me grow. So for the project. This is a club that will be more important in the future. And then the city, inevitably, because everyone dream of living in Paris. The League is very competitive one. There is a great project here, the opportunity to win titles and I intend to contribute," Lavezzi was quoted as saying, while addressing his first press conference as a PSG player.

Chelsea, however, could still have more good news on the transfer front. A report in the Guardian indicates that Southampton's 16 year old left back Luke Shaw is greatly interesting Stamford Bridge officials and Di Matteo is eager to land his target before rivals Arsenal and Manchester City, who have also been credited with interest, can act. It seems Chelsea will offer the Saints £4mn for their young star.

Shaw is a graduate of the same academy that has produced such talent like Tottenham's Gareth Bale and the Gunners' Theo Walcott and Alex Oxlade-Chamberlain. The youngster has represented the England U16 and U 17 sides.