Moutinho was strongly linked with a move to White Hart Lane on transfer deadline day.
“This has been a busy transfer window and I cannot praise highly enough the efforts the club made to sign Joao Moutinho,” Villas-Boas told Spurs’ official website.
“I have said all along that this was never an easy transfer and as such we never had enormous expectations of getting this deal across the line.”
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Since Guus Hiddink arrived at the helm, Chelsea have improved considerably after a tricky start to the campaign.
Newcastle United are staring down the barrel of relegation to the Championship for the second time in the past eight years.