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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Real Madrid defy recession to buy success

Should Cristiano Ronaldo’s transfer from Manchester United to Real Madrid go through, the Spanish giants will have spent an incredible $230 million on just two players in less than a week. On Monday, Brazilian playmaker Kaka joined the Madrid club from AC Milan for a fee of around $100 million, while Ronaldo will cost $130 million — a world record.

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