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World money transfer day
PARIS SAINT-GERMAIN have broken the bank to sign Neymar.Literally.The French giants parted with an unimaginable £198million to ensure the Brazilian joined from Barcelona.So, have their chances of success significantly increased?History will show that success does not immediately follow the world’s most expensive footballer.Only ONE of the last 12 men to earn the tag as the planet’s costliest player won a league title in their first season — stretching all the way back to 1992.Neymar will fancy his chances of breaking that run due to his undisputable talent and the fact PSG’s title rivals have been decimated after being forced to sell their top assets.Let’s take a look back at all the world record transfers since Gianluigi Lentini moved to AC Milan for £13m, and won the 1992-93 Serie A title.The Brazilian was just 19 when he became the most-expensive player in the world under Sir Bobby Robson.On an individual level, he enjoyed a brilliant winner, … [Read more...] about Neymar will hope to break world record transfer curse at PSG as only one has won league title in first season since 1992
WAYNE ROONEY’S agent is in China in a bid to make the Manchester United captain the world’s best-paid player.Paul Stretford — credited with being the financial brains behind Rooney’s glittering career — is holding talks with Chinese Super League clubs willing to offer his man £1million a week.SunSport understands Stretford flew to China a few days ago and spent time in Tianjin, home of Tianjin Quanjian.He checked out of the Renaissance Hotel in the city on Tuesday and is believed to be holding talks with other possible suitors.When contacted by SunSport on Monday, a spokesman for Tianjin Quanjian said “We have no official news about Wayne Rooney at this stage.”The club’s manager Fabio Cannavaro admitted he had approached Rooney.But talks stalled after he decided the England star, 31, did not suit the club’s style of play.One club offered Stretford a three-year deal for Rooney that would see him earn around £650,000-a-week … [Read more...] about Wayne Rooney to China: Manchester United striker’s agent is in Far East to finalise his mega-money transfer
DESPITE being a notorious big spender, this is the first time Jose Mourinho has broken the world transfer record.Paul Pogba’s £89million move to Manchester United has seen the Frenchman overtake Gareth Bale as football’s most costly player.Prior to the huge outlay on the Frenchman, Mourinho had never spent over £32m on one single player — Diego Costa.But which other managers have overseen the purchase of the world’s most expensive player — and how did their first season go?SunSport takes a look at Mourinho’s ten predecessors Gareth Bale: Tottenham to Real Madrid, 2013 — £86mITALIAN replaced Mourinho in 2013 and created a dynamic front-three of Bale, Karim Benzema and Cristiano Ronaldo.It certainly probed fruitful.Real Madrid won the Copa del Rey and a first Champions League for 12 years. Cristiano Ronaldo: Manchester United to Real Madrid, 2009 — £80m Kaka: AC Milan to Real Madrid, 2009 — £56mTHE future … [Read more...] about Jose Mourinho became latest manager to break world record transfer fee… but who were the others?
Since the outbreak of the financial crisis in 2008, foreign direct investment in developing countries has dropped by 50 percent. In addition, the official amount of financial aid provided by most donor countries has sunk or at least stagnated. In most cases it is still far from the goal that the richer UN members have set for themselves: to donate 0.7 percent of GDP for development aid by 2015. But there is one source of income that the developing world can rely on: the migrants who live and work abroad and, despite the crisis, send more and more money back home. A new study by the UN Conference on Trade and Development UNCTAD shows that the amount of money being sent back continues to increase. Migration as an economic factor Especially in the least developing countries, the money transfers are a major economic factor, UNCTAD's Igor Paunovich, one of the team compiling this year's report on the Least Developed Countries (LDC), told Deutsche Welle. What was noticeable, he said, was … [Read more...] about Migrants’ money supports developing economies