FR & NFR - Lots of loan deals

[cebu]

I was looking at:

http://www.sportinglife.com/

If you look at "Football Latest!" and click on "Transfer Centre!" a window pops up:

http://www.sportinglife.com/football/transfer_centre/index_wk.html

The left hand side shows acquisitions and the right hand side shows departures for each club in the Premier League. This time there's a really large number of loan deals (particularly conspicuous on the right hand side). Looks like silly-money deals aren't so common despite the activities involving Torres & co.

[AlFayedsChequebook]

There is still relatively little liquidity in the economy at the moment so no-one has cash, and if you do, you are keeping it.

The only major deal involved a Russian oligarch embezzling his dirty money, allegedly, through his football club. This in turn allowed Liverpool to get what they needed and pay in cash.

[Lighthouse]

Take out Chelsea and Liverpool buying an injured player and Bent to Villa. Then it actually makes more sense.

[MJG]

I heard a stat today that in this window £100m went abroad,£100m was shared between prem clubs and to the championship and below went the massive sum of £5M.