Tuesday, June 9, 2009

Real's new 'Galáctico'

Real Madrid have confirmed the signing of Brazilian international Kaka on a six-year contract.

The deal with AC Milan is expected to set a new world record transfer fee. Reports suggest that the transfer fee is around 68m euros ($94.05m or £58.9m), thereby smashing the previous world record of £47m set by Real in 2001 when they bought Zinedine Zidane from Juventus. Could this pave the way for a new 'Galáctico' era at the Santiago Bernabéu?

Milan have also released a statement , in English after the jump:

“From next season Kaka will play for Real Madrid. AC Milan thank the man and the great champion for his decisive contribution to the many victories earned in six years of Rossoneri effort.

“The technical loss, albeit grave, can be overcome. It will however be very difficult to fill the void left by the man Kaka, a great example of hard work and professionalism.

“AC Milan, interpreting the voices of the directors, players and supporters, send him the most cordial and affectionate best wishes for the future of his sporting career.”

Kaka had the opportunity to join Manchester City in January this year in a deal reported to be worth £100m, but opted to stay in Italy. But now with speculation over is over Kaka is a Madrid player.

Still almost a hundred mil (albeit $) for one player?! Who says the world is in an economic crisis?!