Egypt extends Eni's oil and gas concession in Suez Gulf, Nile Delta to 2040    Egypt, India explore joint investments in gas, mining, petrochemicals    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egyptian pound inches up against dollar in early Thursday trade    Singapore's Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually    Egypt, South Africa discuss strengthening cooperation in industry, transport    Egypt's FM discusses Gaza, Libya, Sudan at Turkey's SETA foundation    UN warns of 'systematic atrocities,' deepening humanitarian catastrophe in Sudan    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt launches 3rd World Conference on Population, Health and Human Development    Cowardly attacks will not weaken Pakistan's resolve to fight terrorism, says FM    Egypt's TMG 9-month profit jumps 70% on record SouthMed sales    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Latvia sign healthcare MoU during PHDC'25    Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    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.



European summer signings set new transfers heights
Published in FilGoal on 13 - 07 - 2009

This year's off-season is proving to be one of the most exciting and expensive when it comes to star players' transfers.
Spanish giants Real Madrid and England's nouveau riche outfit Manchester City are taking the transfer market by storm with some mega bids that could change football's face for years to come.
With six weeks till the end of the transfer window, Real already broke two records by signing Cristiano Ronaldo from Manchester United for £80 million and Kaka from AC Milan for £68.5 million.
The previous record was similarly broken by Los Merengues when they signed Zinedine Zidane from Juventus for £46 million in 2001.
With the addition of striker Karim Benzema from Lyon for around £30 million, Real's shopping bill has already exceeded £150 million and they are still in the hunt for more players.
City have so far signed Gareth Barry and Roque Santa Cruz for nearly £30 million, but they are trying to lure Chelsea defender John Terry with a salary of over £300 thousand a week.
Many believe that the Real and City are setting crippling transfer measures for other clubs in the continent, but Kaka himself is convinced that the players bought are worth every penny.
"If Real Madrid have decided to pay so much money for us it is because we are worth it, isn't it? Because we have shown it with our football in recent years," the 27-year-old says.

Ferguson
"We are in a sport which pays these kinds of figures and within this sphere it could be that we are worth this investment."
Manchester United manager Sir Alex Ferguson disagrees with the 2007 World player of the year.
The Scot, who paid £30.7 million to bring Dimitar Berbatov from Tottenham last summer, knows that his club can't afford to match Real Madrid's bids.
"Everywhere in England and in Europe the players' values have shot sky high. I don't think any of the transfers that you see happening are realistic," Ferguson bemused.
"It is a very unusual summer and difficult to get value because of that. Manchester United always had to pay a bit extra to get players. But this summer we're not prepared to do this," he added.
Ferguson is not the only one who's not happy at Real's astronomical bids. Bayern Munich honorary chairman Franz Beckenbauer considered some of the transfers as acts of madness.
"These sums of money are ridiculous. But there is always some lunatic who walks around throwing money away," the former Germany and Bayern legend said.
Whether coaches like it or not, Real's signings have forced everyone to play by the new rules, and if clubs like United can't afford raising prices then many others won't be able to buy any quality players in the near future.


Clic here to read the story from its source.