Tottenham released the following statement on their website "Chelsea's approach for Frank Arnesen was made both prior to requesting permission and without permission from the club.
"Notwithstanding that he is subject to contract and holds wide-ranging responsibilities and commitments to all parties at Tottenham Hotspur Football Club, Frank has indicated that he wishes to move to Chelsea Football Club.
"Accordingly, the board of Tottenham Hotspur plc has suspended Frank Arnesen with immediate effect. The club is currently in discussions with its legal advisors and a further announcement will be made in due course."
Chelsea reacted almost immediately by claiming that they had acted above-board when approaching Arnesen. "Chelsea Ltd made an official approach to Tottenham Hotspur for permission to speak to Frank Arnesen two weeks ago," read a statement on Chelseafc.com. "Chelsea Ltd has been in direct discussions with Tottenham for the last two weeks on this subject."
Arnesen is widely regarded to be one of the best-connected men in world football - which makes him an attractive option to Chelsea, given our massive spending power. He has also made a reputation for unearthing young talent around the world.