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The G-8 That Broke Banks in Summer Transfer Windows

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Just as the transfer market in Europe is bubbling with unfolding events, so are the banking halls as vaults are being opened and closed with huge amounts either coming out or inflowing into players and clubs’ accounts.

The world is at the verge of witnessing the biggest movement of money in football history when Neymar da Silva Santos Júnior moves from FC Barcelona to Paris Saint-Germain. Courtesy of 90min, the world’s largest football media platform, Sports Village Square brings to you the eight teams that have had to pay ridiculous amounts during summer transfer.

 

8. Paris Saint-Germain – Summer of 2012

Total spend: £144.5m

In their first transfer window with the Qatari owners on board, Paris Saint-Germain went all-out ahead of the 2012/13 season, spending nearly £150m on signing seven of Europe’s brightest and most experienced players.

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The double swoop of Thiago Silva and Zlatan Ibrahimovic from AC Milan was worth in excess of £55m, while the likes of Lucas Moura, Ezequiel Lavezzi and Marco Verratti helped put the French side on the map.

7. Manchester United – Summer of 2016

Total spend: £147m

Last summer was a big one for Manchester United. Two of football’s biggest personalities, Jose Mourinho and Zlatan Ibrahimovic, joined the club, but neither are included in United’s total transfer spend.

Rather, the world’s most expensive player, Paul Pogba, as well as the additions of Armenian playmaker Henrikh Mkhitaryan and no-nonsense defender Eric Bailly, cost a combined fee of £147m.

 

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6. Manchester City – Summer of 2015

Total spend: £147.5m

Manchester City are serial spenders when it comes to the transfer window, but even by their own lofty standards the summer of 2015 was an expensive one, as they captured five players for a combined fee of nearly £150m.

While Raheem Sterling and Kevin De Bruyne represented the bulk of the spending at nearly £100m together, Fabian Delph, Patrick Roberts and Nicolas Otamendi were hardly on the cheap side.

 

5. Barcelona – Summer of 2014

Total spend: £148m

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Newly installed manager Luis Enrique was backed by the Barcelona owners to return to winning ways, following a disappointing 2013/14 campaign and the flurry of signings had the desired effect, with Barca finishing the season as treble-winners.

The main expenditure went on Luis Suarez, who cost £65m from Liverpool, while the arrivals of Claudio Bravo, Marc-Andre ter Stegen, Ivan Rakitic, Thomas Vermaelen and Jeremy Mathieu took the spending almost to £150m.

 

4. Real Madrid – Summer of 2013

Total spend: £148.5m

Beating Barcelona by just £500,000 to 4th spot here, Real Madrid broke the world record in September 2013 when they brought Gareth Bale to La Liga, signing a cheque for around £85m.

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The Welshman was joined by Dani Carvajal, Casemiro, Isco and Asier Illarramendi, the former being the second priciest signing of that summer for Los Blancos, and the new arrivals contributed to the club’s unprecedented ‘La Decima‘ success.

 

3. Manchester United – Summer of 2014

Total spend: £149m

After the disaster of David Moyes’ stewardship the year before, Manchester United’s owners gave new boss Louis van Gaal a transfer warchest ahead of the 2014/15 season and he gladly accepted it, bringing in five major players.

The Red Devils broke a British transfer record when they acquired Angel Di Maria from Real Madrid for almost £60m, while the likes of Luke Shaw, Marcos Rojo, Daley Blind and Ander Herrera also came through the doors of Old Trafford.

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2. Manchester City – Summer of 2017

Total spend: £202m

The Citizens find themselves this summer as having the second most expensive transfer window of all time for a club, after a number of pricey acquisitions following a somewhat disappointing campaign last year.

Kyle Walker (£45m), Benjamin Mendy (£52m), Ederson (£35m), Danilo (£26m) and Bernardo Silva (£43m) have all signed on the dotted line for Pep Guardiola’s men and the spending might not even be done yet!

1. Real Madrid – Summer of 2009

Total spend: £230m

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The summer of 2009 saw Real Madrid begin a new dawn of the Galacticos era, by breaking the world record not once, but twice in a matter of week as they followed the £56m capture of Kaka with the £80m signing of Cristiano Ronaldo.

Also arriving to the Spanish capital prior to the start of the 2009/10 season were Xabi Alonso (£30m from Liverpool), Karim Benzema (£31m from Lyon) and Raul Albiol (£13.5m from Valencia).

 

Kunle Solaja is the author of landmark books on sports and journalism as well as being a multiple award-winning journalist and editor of long standing. He is easily Nigeria’s foremost soccer diarist and Africa's most capped FIFA World Cup journalist, having attended all FIFA World Cup finals from Italia ’90 to Qatar 2022. He was honoured at the Qatar 2022 World Cup by FIFA and AIPS.

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Paris to face major disruption ahead of Games opening ceremony, says police chief

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Paris will face major disruption ahead of the Olympics opening ceremony along the Seine on July 26, as organisers ramp up security measures to safeguard the event, the city’s police chief said on Thursday.

Organisers hope the opening ceremony, in which 160 boats carrying athletes from around the world will travel a 6 kilometre route along the Seine river towards the Eiffel tower, will deliver a jaw-dropping spectacle. Some 300,000 spectators will watch from the banks of the Seine as a global audience tunes in on TV.

But the ceremony is also a major security headache, taking place against a backdrop of wars in Ukraine and Gaza. French President Emmanuel Macron has already floated the possibility of scrapping the river ceremony and reverting to at least two back-up plans if the security risks become untenable.

Paris residents with a view of the Seine can invite friends to watch the opening of the 2024 Summer Games from their balconies, but should prepare for heavy traffic and limited movement, Paris police chief Laurent Nunez said at a press conference.

Adjacent metro stations, most river crossings and all water traffic will be halted in the week before the open-air ceremony, Nunez said, adding that some bridges will remain open “in order not to cut Paris in two halves.”

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Everyone who wants to access the immediate surroundings of the Seine in the week before the Games will need to sign up on an online platform, Nunez said. Local residents hoping to access their homes, which are among the most prestigious addresses in France, will need to do the same.

Paris mayor Anne Hidalgo, who also spoke at the event said the disruption would impact around 20,000 residents and business owners.

Asked about Macron’s comments earlier this month, Nunez said his teams were still working on the ‘Plan A’ of the river ceremony.

“As of today, we have no reason to be worried,” Nunez said.

-Reuters

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New dawn expected as Nigeria sports ministry partners with Yanga Games

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Towards creating a new dawn for Nigerian Sports,  the Federal Ministry  of Sports has signed a landmark  agreement with  top lottery  company Yanga Games to raise the revenue profile of the Ministry  and ensure a new deal for the welfare of athletes. 

Speaking during the unveiling  of the partnership between  the Ministry  and  Yanga  Games in Lagos on Friday,  Chairman/CEO of Yanga Games  Derrick  David Kentebe  said: “we are so super excited by this opportunity to work  with the Ministry  of Sports Development to change the narrative about Sports in the country. 

Continuing, he remarked: “We see opportunity for marketing our athletes  and sports generally . We shall avail ourselves  the best use  of this unique and  special partnership. We shall pursue this mandate with vigour, passion and unrivaled  commitment  to bring benefits to all the critical stakeholders.”

The agreement  according  to Kentebe  will provide  support for retired athletes, enhance grassroot  sports Development and advance the potentials of  special athletes.

He assured that ” Yanga Games has the capacity to  raise funds on behalf of the Ministry  of Sports for athletes  Development, endorsement and sponsorship deals for athletes”. 

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Minister of Sports Senator John Owan Enoh assured that the Ministry has total and absolute  confidence  in Yanga Games to deliver on the given mandate.

“Gone are the era when we depended solely  on government  to fund sports  development.  We are partnering with  Yanga Games to bring maximum  benefits  to the athletes and all critical stakeholders.

“We shall give institutional encouragement and support to the Management of  Yanga Games to succeed in this onerous task of rebuilding our sports sub sector.”

Speaking further, Kentebe  said ” We shall raise about 34 Billion in the next four years to assist athletes and improve sports in the country.

“We shall help to develop  grassroot  sports and  sustain youth involvement  through raffle draws, fund raiser and other avenues.

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Iheanacho and Ndidi on course for return to Premiership as Leicester will not lose points for rule breaches

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Leicester City cannot be deducted any points in the second-tier Championship if they are convicted of any violations of the Premier League’s spending rules, the English Football League (EFL) said on Friday.

Nigeria duo of Kelechi Iheanacho and Wilfred Ndidi are Leicester players yearning for the club’s return to the English Premiership.

Leicester, who were relegated from the top flight last season, were referred to an independent commission by the Premier League last month for alleged violations of the league’s spending rules.

The Championship’s governing body EFL wrote to the Premier League saying they would apply any sanction handed down on Leicester while they are still in the second tier, a move Leicester opposed.

However, the EFL said they later changed their position in a letter to the English FA’s League Arbitration Panel (LAP).

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“EFL has confirmed to all parties that… it does not have the power under the Regulations as currently drafted,” the EFL said in a statement.

Leicester said they will continue to co-operate with Premier League and the EFL with regards to the charges against them.

“Any charges against the Club should be properly and proportionately determined, in accordance with the applicable rules, by the right bodies, and at the right time,” Leicester said.

The LAP said that the Premier League Disciplinary Commission’s proceedings against Leicester will not be expedited to conclude by May 4 due to any possible points deductions not being applicable this season.

Leicester are top of the standings in the Championship with 88 points from 41 matches as they seek a promotion back to the Premier League.

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-Reuters

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