Thursday, June 11, 2009

Cristiano Ronaldo Sold for US$132M, Worth More than GM and Chrysler?

Real Madrid finally takes him from Manchester United.

Golden boot yes, but is this deal really worth 80M pounds or about USD$132M? Are any sports or artists personalities worth this much money?

And we thought there was a recession in Spain.

Well, some would say he is definitely better value and more fun to watch than GM and Chrysler.


Reuters now reports widespread anger in Spain:

"Coming just days after Real president Florentino Perez paid around 67 million euros ($94.02 million) for Brazilian Kaka, the move for Ronaldo prompted widespread anger in a country with an unemployment rate of 18.1 percent, the highest in the European Union.
"In Spain there are four million jobless. That's four million family dramas," Juancarlosm wrote on the website of daily El Mundo.
"Spending this shameful amount of money is immoral. I am embarrassed to be a Madrid fan."

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