( CNN ) -- English double winners Chelsea have failed in a big-money move to sign Brazilian teenage sensation Neymar -- after the 18-year-old decided to remain with his home town club Santos . The London giants were reported to have offered in the region of 35 million euros for the midfielder , who scored for his country against the United States in a friendly last week . `` I feel very happy with Santos , that 's why I 'm staying , '' Neymar told reporters on Thursday . Brazilian media have claimed that the player 's annual salary of $ 1 million per year is to be increased with merchandising deals following his decision to stay . In other transfer news , former Arsenal captain Williams Gallas is on the brink of a shock switch to rivals Tottenham . Gallas , who failed to agree a new contract with the Gunners at the end of last season , would become the first player to move across the north London divide since Sol Campbell 's controversial switch from Tottenham to Arsenal in 20002 . The 33-year-old is expected to sign a one-year contract and will be eligible to play in the Chamions League should Tottenham overcome Swiss side Young Boys in the second leg of their qualifying round tie . There has also been a surprise transfer in the Championship , the second tier of English football , with Crystal Palace luring former Dutch international Edgar Davids out of retirement . The 37-year-old former Juventus and Ajax star retired two years ago , but has been persuaded to return after signing a one-year contract with the London club . Meanwhile , Italian giants Juventus have signed Serbian winger Milos Krasic from CSKA Moscow for a fee of 15 million euros . The 25-year-old will be presented to the Italian media on Saturday after agreeing a five-year contract with the Turin club . And Manchester United have confirmed that defender Nemanja Vidic has now signed a new four-year contract with the club . United announced last month that the 28-year-old had agreed to extend his stay at Old Trafford and the Serbian international center-half has officially sealed the deal .
English double winners in the last two seasons. The 18-year-old Santos midfielder turns down a 35m euros move to the London club . Former Arsenal captain Williams Gallas is on the brink of a shock switch to Tottenham . Italian giants Juventus have signed Serbian winger Milos Krasic from CSKA Moscow .