Cole has just returned from South Africa with the Three Lions squad after the side crashed out of the tournament having lost to old rivals Germany 4-1 in Bloemfontein on Sunday.

The former West Ham United academy player did not feature a great deal for an England side that only managed to win one of their five matches in the competition.

Cole will be a free agent as of July 1 after he failed to renew a deal with Premier League champions Chelsea (13/8 to win the Premier League) having spent seven years with the club.

The 28-year-old was out throughout much of last season through injury but did contribute an important goal against Manchester United which helped the west London side win the league.

Cole was coming back into the side near the end of the season and scrapped into the England team after putting in some good performances in the pre-tournament friendlies.

The playmaker will now be looking to find first team football with a top club and potential suitors are queuing up for the player’s signature.

Premier League rivals Arsenal and Tottenham Hotspur have declared an interest in the midfielder and could be in the front running to sign the player who might choose to continue his stay in London.

It’s Giesse’s job to find a club for Cole and overseas clubs have been mentioned as a possibility for the talented winger.

He said: “The boy has just returned from South Africa and now he will go on holiday. There are clubs interested in him, we are talking about a world-class player.

“I think by the end of the World Cup there will be developments and within two to three weeks there will be some news.

“Are AC Milan and Juventus interested? All negotiations are possible and that is not garbage,? he added.

Cole will be looking for a club that will challenge for honours at the highest level which is what he has been used to.

Whether this will be in the Premier League, Serie A or La Liga remains to be seen but the player will be hoping to be a key member of the England squad as they look to qualify for the 2012 European Championships.

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