And so the roulette wheel continues to spin.
Paris St.-Germain have pulled out of talks with Manchester City to sign striker Carlos Tevez. The Ligue 1 leaders were considered the front-runners after talks with AC Milan broke down last week. PSG's sporting director Leonardo and new manager Carlo Ancelotti met with Tevez's advisers but couldn't come to terms.
"There was an opportunity, we have studied it, we made a good offer but failed to agree a deal," Leonardo told L'Equipe. "We will not pay excessively so we stop. It's over."
PSG sets their sights on trying to agree to terms with Chelsea defender Alex. The Brazilian international had his transfer request accepted by Chelsea but time is running out in the January window.
AC Milan is reportedly back in the mix for Carlos Tevez despite having recently signed Maxi Lopez from Catania.
Here are some more stories to kick off your Tuesday
PEPE ESCAPES PUNISHMENT FOR MESSI STAMP
Real Madrid defender Pepe will not face punishment for an alleged stamp on Lionel Messi during Barcelona's 2-1 win over Madrid in the first leg of the Copa del Rey quarterfinals. The Spanish Football Federation accepted Pepe's claim that stepping on Messi's hand while the World Player of the Year lay on the ground was accidental.
Pepe was left out of Saturday's game against Athletic Bilbao but could play against Barcelona tomorrow.
BLATTER HINTS AT POSSIBLE SUCCESSOR
FIFA President Sepp Blatter has hinted that UEFA chief Michel Platini is his most likely replacement once the 75-year-old steps down in 2015.
"Michel is ready, if he wishes," Blatter said "He says 'I do not know' but deep down he wants it." Platini has not said whether or not he will stand as Blatter's replacement. The Juventus legend is firmly against the implementation of video technology and is the architect of the upcoming "financial fair play" rules for the Champions League.
Blatter also dismissed Jack Warner's claims that a "tsunami" of revelations would be released about the alleged corruption of FIFA.
IBRAHIMOVIC NAMED SERIE A PLAYER OF THE YEAR
Zlatan Ibrahimovic has been voted the 2011 Player of the Year by his fellow Serie A players. The striker led AC Milan to their first Serie A title since 2004 and into the second round of this season's Champions League. Udinese was voted club of the year while AC Milan coach Massimilliano Allegri won coach of the year.
REDKNAPP TRIAL OPENS
The tax evasion trial against Harry Redknapp opened on Monday with the British government accusing the Tottenham manager of hiding a secret bank account off shore. Prosecutor John Black said $295,000 was transferred from Portsmouth, where Redknapp was manager at the time, to a Monaco bank account. The account was allegedly used to store transfer bonuses.
What do you think of today's stories? Tired of all the Tevez drama? Did Pepe deserve to be punished? Think Platini, if elected, make a good FIFA president?
Share your thoughts below.