UEFA’s regulation uncertainty, economic woes cause few transfers

“As most economists will tell you, the more times are uncertain, the more folks hunker down and count every penny. Judging by transfer activity (or lack thereof) this summer, most clubs feel the same way. As of Thursday, the Premier League’s traditional ‘big four’ of Arsenal, Cheslea, Manchester United and Liverpool had signed just two players for more than 10 million euros ($13 million): Laurent Koscielny, who joined the Gunners, and Ramires, whose move from Benfica to Chelsea is all but wrapped up. Last summer, those same clubs made five signings north of the 10 million range. Serie A’s big three of Juventus, Milan and Inter broke the 10 million mark six times a year ago.” (SI)

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