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Ronaldo dribbles into European merger league

16 June 2009 1 comment

Paul Penrose

Paul Penrose

Head of Research

Finextra

Nothing could illustrate the depression in the M&A markets more than the news that Christiano Ronaldo's £80 million transfer to Real Madrid ranked as the seventh largest deal in the whole of Europe last week. The preening footie star's move from Manchester United puts him in 31st position in the UK year-to-date M&A league tables compiled by Thomson Reuters.

The worldwide fall in asset values appears to have completely bypassed the European football meat market. Surely this is a new bubble just waiting to be popped.

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Comments: (1)

Cedric Pariente Stanford Certified Project Manager at EFFI Consultants

16 June 2009

I wonder how they gonna build the rest of the team as the total budget was 300 millions EUR and they have already used half of it on 2 players...

Besides it's gonna be hard for the players to run fast on the field with all this money in the pockets now.

Paul Penrose

Paul Penrose

Head of Research

Finextra

Member since

06 Oct 2006

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London

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