Cristiano Ronaldo, perhaps the best soccer player in the world and still only 24 years old, was sold by Manchester United to Real Madrid for 94 million euros (that’s just the transfer fee, and has nothing to do with his salary). Ronaldo:
“I think it’s a fair price. If Manchester and Real agreed on the price, there is nothing to add.”
Eugene Fama could not have put it any better. Perhaps Ronaldo has an investment banking career in his future.
Update: tkt points out in the comments that Zinedine Zidane was actually more expensive in real terms. If I recall correctly his transfer fee was over 70 million euros in 2001, so that’s almost certainly right.
By James Kwak