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Kaka Joins Real Madrid for £56m

Once again, Real Madrid has broken the transfer record by signing Brazilian playmaker Kaka for a reported £56m.

The deal, which has seen the former AC Milan player sign a six-year contract, surpasses the £46m paid by the Spanish side in 2001 for Zinedine Zidane.

While Milan fans will be upset to see the exit of their midfield talisman, Kaka believes the move was a necessity for the survival of the Italian giants. “"I wanted to stay but the world crisis affected my decision," he said. "I knew I'd only leave Milan to play for Real."

Speaking at a press conference before tomorrow’s international game against Paraguay, he added: "I spoke with the Milan directors and we reached the conclusion that the best thing for everybody would be to sell."

Kaka is the first major signing under returning president Florentino Perez and will be seen by many in European football as a sign of intent from the Galacticos. Having yielded the Spanish title to Barcelona, as well as suffering an embarrassing 6-2 defeat in the ‘El Clásico’ fixture between the two sides, Real Madrid will be looking to regain power from Josep Guardiola’s treble-winning side.

Bookmakers still have Barcelona as the 4/5 favourites for the Spanish title, but Real have been shortened to 15/8 (Victor Chandler). The Champions League is not beyond the Madrid team either, with them being priced as 12/1 fifth favourites with British firm William Hill.
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