EGP nudges higher vs. USD in early Thursday trading    Global electricity demand to surge through 2026 – IEA    Japan's c. bank holds key interest rate    Egypt, US FMs discuss Gaza crisis, Nile water security    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Atletico pay record 40 million euros for Radamel Falcao
Atletico Madrid bought Colombia striker Radamel Falcao from FC Porto on Friday in a Portuguese record transfer deal of 40 million euros($57 million)
Published in Ahram Online on 19 - 08 - 2011

The Portuguese club said in a statement to the Lisbon stock exchange that the price tag could rise to 47 million ($67 million) depending on variable factors it did not specify.
Atletico said on its website that Falcao had agreed to a five-year contract and was scheduled to arrive in the Spanish capital to undergo the standard medical test later Friday.
Falcao—nicknamed “El Tigre” (The Tiger)—was a key player for Porto last season, scoring 34 goals to help it win four trophies, including the Portuguese title, in a 30-game unbeaten league run.
Falcao will step in to fill the role vacated by Argentina striker Sergio Aguero, who joined Manchester City in a 38 million pound ($62 million) deal last month.
The 25-year-old Falcao scored the only goal in the Europa League final in Dublin to set a record of 17 goals scored in Europe's second-tier competition. Chelsea was also reportedly interested in Falcao since coach Andres Villas-Boas had coached the Colombian last season at Porto.
Porto paid Argentine club River Plate ?3.93 million ($5.5 million) for Falcao in 2009.
Porto said it is also selling Portugal midfielder Ruben Micael to Atletico for ?5 million ($7 million). Atletico said Micael had agreed to a four-year deal and was set to be loaned out to Spanish club Zaragoza for the season.


Clic here to read the story from its source.