“Ajax Amsterdam’s general director recently tallied his club’s transfers, and came up with this estimate: only 8.3 per cent of the footballers Ajax had bought in the past decade had succeeded. Ajax’s Dutch rivals, he said, had done even worse. This January European clubs spent barely anything during the “transfer window”. English clubs forked out about £30m ($48m, €34m) on new players, their lowest for any January since 2003. German, Spanish and French clubs spent even less. The credit crunch has bitten soccer in the leg.” (Simon Kuper)