Issue 11 15/07/19
Weekly Magazine Unofficial Weekly Magazine for Football Index Traders
Has the Transfer Market Gone Crazy? With transfers in excess of £50m becoming seemingly common place, with multiple players surpassing £100m, have fees become unsustainable for the future or will it continue to grow? Rewind 10 years and Real Madrid caused shockwaves around the globe with the signature of Cristiano Ronaldo, signed at a record-shattering £80m. Ignoring the signing of Kaka, who himself had broken the transfer record just a couple of weeks earlier, this represented a 71% increase on the record Zinedine Zidane had set back in 2001. For a man who has gone on to write his name as one of the best in history, it is poetic that the last man to smash the transfer record by such a margin is also held in such high regard: Diego Maradona, who’s transfer to Barcelona 27 years earlier was also a 71% increase on the previous record.
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