Football: Real Madrid say spending over

Xabi Alonso completed his medical at Real Madrid on Wednesday as club director general Jorge Valdano said their close season transfer spending spree was over. Liverpool and Real have agreed a fee believed to be in the region of $50 million for the Spanish international, who has also agreed personal terms with the Madrid giants

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Kaka unveiled as Real Madrid’s number eight

Brazilian playmaker Kaka was officially presented as a Real Madrid player, after being handed the number eight jersey in front of thousands of supporters and a huge media contingent at the club’s Bernabeu stadium on Tuesday evening. An estimated 50,000-strong crowd, almost three times the anticipated number, turned up to watch the ceremony as Kaka was unveiled as Madrid’s latest addition by club president Florentino Perez and honorary president Alfredo di Stefano. Latest transfer gossip and rumors Kaka, who completed his medical earlier in the day having landed in the Spanish capital in the morning, has penned a six-year contract and has cost Madrid a reported 56 million euros ($79m).

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