The Premise:
Quality will out.
The Application:
Get a new right back to act as cover/replacement (you have too many LBs).
Now, look at the players. The quality of your defenders is very high, your DMs intelligent and powerful, your wingers skilled, the playmakers creative and the forwards prolific. So play to their strenghs. The player is more important than the formation, so aim to use the player in a manner which brings out the best in him. I'd suggest:
4-4-2
or
4-3-1-2
Ideal line up for 4-4-2:
----------------Cech---------------
Fereira---Terry------Kompany----Cole
-----------------------------------
-----------------------------------
Cole------Lampard----Makalele---Robben
|----------------------------------|
V----------------------------------V
--------Shevchenko---Drogba---------
Team instructions:
http://img297.imageshack.us/my.php?i...cmental1ff.jpg
4-3-1-2
----------------Cech---------------
Fereira---Terry------Kompany----Cole
-----------------------------------
-----------------^-----------------
-----------------|-----------------
Cole----------Makalele---------Robben
|---------------------------------|
|-------------Lampard-------------|
|----------------|----------------|
V----Shevchenko--V---Drogba-------V
Same team instructions.
Set each player to the appropriate preset.
The Result:
With the quality of players at your disposal, this tactic should bring instant success. Don't expect to win every match; but you will win a lot more than you lose, and will win trophies.