Kaka moved closer to a reported $100 million move to Real Madrid on Monday when the AC Milan star had a medical in Brazil at the request of the Spanish Primera Liga giants, his Federation said. The 27-year-old midfielder is currently on international duty ahead of Brazil’s World Cup qualifier against Paraguay on Wednesday but was released for the medical tests in the north-eastern city of Recife. Kaka is set to become the first of the new wave of ‘galacticos’ brought together under the leadership of returning club president Florentino Perez.
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English soccer clubs rake in $3.4 billion
European football clubs are bucking the trend of the worldwide recession, with England’s Premier League leading the way after posting $3.4 billion in revenues for the 2007-08 season.