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Falcao leads Euro transfer frenzy
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MANCHESTER United swooped from nowhere yesterday to make striker Radamel Falcao the surprise big signing on the last day of Europe’s record-breaking summer transfer window.
British media said the Colombian would have to pass a medical to seal the move from Monaco in a one-year loan that pushes United’s spending since the opening of the transfer market on June 9 above 150 million pounds (US$250 million).
United will pay Monaco a fee of around 10 million euros (US$13.1 million) for the loan and will have an option to make the deal permanent for 55 million euros at the end of the season, sources said.
Falcao, who has scored 20 goals in 51 appearances for Colombia, is under contract at Monaco until 2018.
Teams from the top leagues in England, Spain, Germany, Italy and France have laid out more than US$2.1 billion during the transfer window and the frenzied last day is likely to see the figure rise further. United has been the single biggest spender, ahead of Spain’s Real Madrid.
United is buying Daley Blind from Ajax Amsterdam and has also bought Argentine international Angel di Maria from Real for 59 million pounds, Spanish international Ander Herrera, England defender Luke Shaw and another Argentine Marcos Rojo.
The arrival of 28-year-old Falcao sparked new moves around United, which has failed to win any of its first three games in the English Premier League.
The club’s Mexican striker Javier Hernandez joined Real on a season-long loan. United’s England striker Danny Wellbeck was also tipped to move during the day.
Manchester City’s England defender Micah Richards was in Italy for a medical with Fiorentina, the Italian side said. Chelsea’s Dutch midfielder Marco van Ginkel joined AC Milan, which also took Blues’ striker Fernando Torres on loan.
Italy’s World Cup striker Alessio Cerci moved from Torino to Atletico Madrid, which has signed 10 players for its campaign to defend the Spanish title.
According to FIFA Transfer Matching System, which monitors the global market, the big five leagues have already smashed the US$2.02 billion spent on last year’s transfer market. Spending is dramatically higher this year in England, Spain and to a lesser degree Germany.
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