Less Money but Lots of Ideas: How the Pandemic Transfer Window Unfolded

Liverpool pulled off a coup in signing Thiago Alcântara Photograph: Andrew Powell/Liverpool FC/Getty Images
Liverpool pulled off a coup in signing Thiago Alcântara Photograph: Andrew Powell/Liverpool FC/Getty Images
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Less Money but Lots of Ideas: How the Pandemic Transfer Window Unfolded

Liverpool pulled off a coup in signing Thiago Alcântara Photograph: Andrew Powell/Liverpool FC/Getty Images
Liverpool pulled off a coup in signing Thiago Alcântara Photograph: Andrew Powell/Liverpool FC/Getty Images

It was the end of April and Juventus’s sporting director, Fabio Paratici, was talking about the upcoming transfer window for the first time: “We will have to be creative, imaginative.” He was absolutely right. More ideas, less money.

Five months have passed since then and we have just been through an extremely long and intense transfer window. It was unique because the circumstances had changed. There were some great ideas, although not all of them came through. It was a stop-start window, at times coming to a complete standstill, at others exhilarating. Above all, it was a window in line with the summer of a pandemic – it changed the world and therefore the transfer market.

Many clubs’ resources were limited by La Liga’s strict economic control and salary caps applied to every club, all of which found their income heavily hit by the coronavirus crisis. Barcelona, who on the final day of the window announced losses of €97m (£88m) over the financial year, needed to move players on and reduce their wage bill in order to bring new signings in.

The Spanish giants could only get Sergiño Dest once they had sold Nélson Semedo and unable to force Ousmane Dembélé or Samuel Umtiti out or to raise greater funds on those who departed were forced to abandon negotiations for Eric García and Memphis Depay on the final day. Real Madrid have given the world the concept of galácticos but this time they did not sign a single player, determined as they were to reduce costs, stabilize and consolidate. Real were hoping for a discounted fee because of Covid-19 and maybe thought that they could sign Jadon Sancho for €90m plus bonuses in late September. “It was so close to being done, the player was disappointed,” someone close to the England international kept saying for months. But Dortmund were never going to give a discount to anyone.

Manchester City managed the money available well, Arsenal landed Thomas Partey by paying the release clause of €50m in one installment, which surprised Atlético Madrid, who had not expected this to happen five hours before the window closed. The Partey deal in many ways reflect the way transfers are seen on social media these days. Simply reporting that Atlético were unimpressed seemed to anger some Arsenal fans, but then the transfer window on social media is also like this: dreams, intoxicating moments, collapses, and even some insults.

In the end no one could deny the Arsenal fans their wildest dream. The club paid the full clause out of the blue, without any negotiations. That made the dream a reality. Atlético’s directors were upset, but Arsenal’s top-secret strategy had been perfect: ingenuity and creativity is what made the difference in this window.

Chelsea were the exception globally, conducting an impressive transfer window despite the pandemic, planned well in advance. Roman Abramovich was clear: we only buy the top targets, no plan B thank you very much. It was a good year to buy high-quality players – as there was less competition – to bridge the gap to the other top teams in England.

No one shopped like the Blues and an array of sporting directors across the world were amazed when talking about Abramovich’s spending: not only signing Hakim Ziyech, Timo Werner, Kai Havertz, Ben Chilwell, Thiago Silva, and Édouard Mendy but also blocking the offer from Bayern Munich to sign Callum Hudson-Odoi late in the window. It was a significant offer but the player decided to stay with his manager, Frank Lampard, who asked the board not to sell him.

This was another feature of the transfer window, calls in the middle of the night, such as the one about the Havertz deal being concluded at half-time of the Champions League final between Bayern Munich and Paris Saint-Germain. Yes, at that moment Bayer Leverkusen’s directors did call Roma: “We sold Havertz to Chelsea, it’s all done, we want Patrik Schick.” Two weeks later both deals were official.

But it was Liverpool who made the deal of the year. In June, Thiago Alcântara had shown up at Bayern Munich’s offices to sign an extension with a club photographer present. Instead he surprised everyone by saying: “I want to think about it, I need to talk about it with my family, I’ll update you all tomorrow.”

Twenty-four hours later, he turned up at Säbener Strasse again to talk to Bayern’s directors and with tears in his eyes said that he wanted to leave. Video calls with Jürgen Klopp had convinced and enthralled him, much more than Barcelona’s last-minute attempts. When I had the numbers of the Thiago deal confirmed to me I couldn’t quite believe it. Once the details were out there my iPhone exploded with joyous Liverpool fans: the transfer window on social media is – thankfully – also like this.

Acquiring a player of Thiago’s quality for €25m plus bonuses is extraordinary. Taking advantage of opportunities was decisive this window. Real Madrid had to sell because of substantial losses and Tottenham pounced, signing Sergio Reguilón, a left-back with fantastic potential. Antonio Conte’s Internazionale also benefited, acquiring Achraf Hakimi for €40m. The Moroccan already has a goal and two assists in 120 minutes of Serie A football.

Ingenuity and winning strategies – that was the transfer window in the time of Covid. There were very few cash investments, even top clubs in the Premier League and La Liga were forced to sign players with options to buy next summer, when they have been used to spending €200m or €300m in one pre-season. Juventus, for example, signed Federico Chiesa from Fiorentina for a €2m loan fee to be paid now, €8m payable for the second year of the loan in June 2021, as well as €40m as an obligation to buy in 2022 and another €10m in bonuses to be paid over four years.

An eye-catching payment schedule, but necessary in a market so devoid of cash that Gareth Bale returned to Spurs on loan and Luis Suárez signed for Atlético Madrid from Barcelona on a free transfer. A year ago, those deals would have been unthinkable. Without the virus, Juventus would have offered €100m to Manchester United for Paul Pogba. They had put the money aside but could not invest it in one installment and so had to give up on the deal.

Other special mentions must go to Juve and Manchester United. The bianconeri acquired the Swedish jewel Dejan Kulusevski in a deal from Atalanta. He was born in 2000, has an incredible future ahead of him and cost €45m with add-ons included. He is so good that Cristiano Ronaldo has already fallen in love with him.

Manchester United, meanwhile, signed the 18-year-old Amad Traoré from Atalanta by investing €30m plus €10m in add-ons. On the morning of deadline day, the United manager, Ole Gunnar Solskjær, told him: “You are a talent for the future, we’ll wait for you.”

Traoré will arrive in Manchester in January. United’s scouting team considers him to be one of the top-three talents born in 2002 in the world despite playing only 25 minutes of Serie A football (during which time he scored).

Everton also deserve to be praised – a manager with not so much money but lots of ideas made a difference. Carlo Ancelotti bombarded players such as James Rodríguez and Allan with phone calls and messages to convince them to join him. He managed to and now he is dreaming of achieving big things with Everton. The Carlo factor made a difference.

All in all, it was a difficult market and very hard for everyone involved. The next summer one could be even worse for those clubs who could lose players on Bosman deals at the end of their contracts. Like a certain Lionel Messi, free to sign a pre-contract with any club in January. They are getting ready in Manchester, just as they are in Paris, but that is a whole different story.

(The Guardian)



Late Guirassy Goal Seals Win as Dortmund Cuts Bayern’s Bundesliga Lead to 3 Points

07 February 2026, Lower Saxony, Wolfsburg: Borussia Dortmund's Serhou Guirassy celebrates scoring his side's second goal during the German Bundesliga soccer match between VfL Wolfsburg and Borussia Dortmund at Volkswagen Arena. (dpa)
07 February 2026, Lower Saxony, Wolfsburg: Borussia Dortmund's Serhou Guirassy celebrates scoring his side's second goal during the German Bundesliga soccer match between VfL Wolfsburg and Borussia Dortmund at Volkswagen Arena. (dpa)
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Late Guirassy Goal Seals Win as Dortmund Cuts Bayern’s Bundesliga Lead to 3 Points

07 February 2026, Lower Saxony, Wolfsburg: Borussia Dortmund's Serhou Guirassy celebrates scoring his side's second goal during the German Bundesliga soccer match between VfL Wolfsburg and Borussia Dortmund at Volkswagen Arena. (dpa)
07 February 2026, Lower Saxony, Wolfsburg: Borussia Dortmund's Serhou Guirassy celebrates scoring his side's second goal during the German Bundesliga soccer match between VfL Wolfsburg and Borussia Dortmund at Volkswagen Arena. (dpa)

Serhou Guirassy scored late for Borussia Dortmund to cut Bayern Munich’s Bundesliga lead to three points on Saturday with a 2-1 win at Wolfsburg.

Wolfsburg dominated the second half with Mohamed Amoura missing several good chances and Maximilian Arnold striking the crossbar.

Dortmund’s Maximilian Beier hit the underside of the bar with a deflected shot in the first half, when Julian Brandt opened the scoring with a header from Julian Ryerson’s corner in the 38th for the visitors.

Konstantinos Koulierakis replied in similar fashion after the break with a header from Arnold’s free kick, but Wolfsburg was to rue not taking its chances to score more.

Guirassy pounced for the winner in the 87th after good play between Fábio Silva and Felix Nmecha.

“That’s part of football,” Dortmund coach Niko Kovač said of his team’s scrappy win. “But then to decide it with one action is also a quality.”

Eighteen-year-old Italian defender Luca Reggiani went on late for Dortmund for his Bundesliga debut.

American winger Kevin Paredes made his first Wolfsburg start since April 25 after recovering from two operations on his right foot.

Bayern, which failed to win its last two games, can restore its six-point lead with a win over high-flying Hoffenheim on Sunday.

Borussia Mönchengladbach was hosting Bayer Leverkusen later.

Bremen loses on coach's debut

Werder Bremen’s coaching change did little to alter its fortunes as the team lost 1-0 in Freiburg on Daniel Thioune’s debut.

Jan-Niklas Beste let fly and found the top far corner in the 13th for Freiburg, which had Johan Manzambi sent off early in the second half for a foul on Bremen’s Olivier Deman.

Thioune’s team was unable to capitalize on the extra player and is now 11 league games without a win. Bremen faces a visit from Bayern next weekend.

Welcome win for St. Pauli

St. Pauli boosted its survival hopes with a hard-fought 2-1 win over Stuttgart.

The Hamburg-based team remained second-from-bottom, but it opened a four-point gap on bottom side Heidenheim, which lost 2-0 at home to Hamburger SV. Bremen's defeat means St. Pauli is just two points from the relegation playoff place.

Mainz keeps winning

Nadiem Amiri scored two penalties, one in each half, for Mainz to beat Augsburg 2-0 for its third straight win.

Amiri ripped off his distinctive carnival-inspired jersey as he celebrated the second one to seal the win. The thoughtful Lee Jae-sung picked it up so he could resume when the celebrations died down.

Mainz next visits Dortmund.


Man United Wins Again to Make It Four in a Row for New Coach Michael Carrick

Bruno Fernandes of Manchester United scores the 2-0 goal during the English Premier League match between Manchester United and Tottenham Hotspur, in Manchester, Britain, 07 February 2026. (EPA)
Bruno Fernandes of Manchester United scores the 2-0 goal during the English Premier League match between Manchester United and Tottenham Hotspur, in Manchester, Britain, 07 February 2026. (EPA)
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Man United Wins Again to Make It Four in a Row for New Coach Michael Carrick

Bruno Fernandes of Manchester United scores the 2-0 goal during the English Premier League match between Manchester United and Tottenham Hotspur, in Manchester, Britain, 07 February 2026. (EPA)
Bruno Fernandes of Manchester United scores the 2-0 goal during the English Premier League match between Manchester United and Tottenham Hotspur, in Manchester, Britain, 07 February 2026. (EPA)

It's four Premier League wins in a row for Manchester United under Michael Carrick and a season that was unraveling just weeks ago now looks full of promise.

A 2-0 victory against Tottenham on Saturday extended Carrick's 100% start as head coach and will further strengthen his case to be given the job on a long-term basis.

“Michael has won everything here and he knows what it means for these fans, what it means for the club to win and how much is needed to win in this football. I think that adds something special to the team,” United captain Bruno Fernandes told TNT Sports.

It was the first time in two years that United has won four straight league games and boosted its hopes of a return to the lucrative Champions League after missing out for the last two years.

Bryan Mbeumo and Fernandes scored in each half at Old Trafford in a game that saw Spurs reduced to 10 men after captain Cristian Romero was sent off in the 29th minute.

Carrick has transformed United's fortunes since he was parachuted in to replace the fired Ruben Amorim last month. Initially given a contract until the end of the season — having previously had a three-game interim spell in 2021 — his impressive impact will likely put him in serious contention to keep the job as the club's hierarchy consider its long-term plans.

“I think Michael came in with the right ideas of giving the players the responsibility, but some freedom to take the responsibility on the pitch, doing the decisions that were needed,” said Fernandes. “He's very good with the words.

“I think he still remembers what I told him the last time he was our manager for our last game. I was sure that Michael could be a great manager, and he’s just showing it.”

United is fourth and after moving up to 44 points, the 20-time English champion has already exceeded last season's total of 42 points for the entire campaign.

Fernandes’ goal, with a controlled finish off his shin in the 81st, was his 200th goal involvement since joining United in 2020.

It sealed victory after Mbeumo had given United the lead in the 38th when firing low from a corner to score his 10th goal of his debut season at the club.

While United's captain was inspirational, Tottenham's Romero did his team no favors with his sending off in the first half.

Having described as “disgraceful” the fact that Spurs were reduced to 11 fit players for the draw with Manchester City last weekend, Romero hardly helped his team’s cause with his red card for a dangerous tackle on Casemiro.

The league's stats partner Opta said it was Romero's sixth sending off since joining the club in 2021 — more than any other Premier League player in that time.


Protesters in Milan Denounce Impact of Games on Environment

 A protester sets off fireworks during a protest against the environmental, economic and social impact of the Milano-Cortina 2026 Winter Olympics, near the Olympic Village in Milan, Italy, February 7, 2026. (Reuters)
A protester sets off fireworks during a protest against the environmental, economic and social impact of the Milano-Cortina 2026 Winter Olympics, near the Olympic Village in Milan, Italy, February 7, 2026. (Reuters)
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Protesters in Milan Denounce Impact of Games on Environment

 A protester sets off fireworks during a protest against the environmental, economic and social impact of the Milano-Cortina 2026 Winter Olympics, near the Olympic Village in Milan, Italy, February 7, 2026. (Reuters)
A protester sets off fireworks during a protest against the environmental, economic and social impact of the Milano-Cortina 2026 Winter Olympics, near the Olympic Village in Milan, Italy, February 7, 2026. (Reuters)

Thousands of people took to the streets of Milan on Saturday in a protest over housing costs and environmental concerns on the first full day of the Milano Cortina Winter Olympics.

The march, organized by grassroots unions, housing-rights groups and social center community activists, is seeking to highlight what activists call an increasingly unsustainable city model marked by soaring rents and deepening inequality.

The Olympics cap a decade in which Milan has seen a property boom following the 2015 World Expo, with locals ‌squeezed by soaring ‌living costs as an Italian tax scheme for ‌wealthy ⁠new residents, ‌alongside Brexit, draws professionals to the financial capital.

Some groups also argue that the Olympics are a waste of public money and resources pointing to infrastructure projects they say have damaged the environment in mountain communities.

A banner stretched across the street read: "Let's take back the cities, let's free the mountains."

CARDBOARD TREES SYMBOLIZE DESTRUCTION

"I’m here because these Olympics are unsustainable — economically, socially, and environmentally," said 71-year-old Stefano Nutini, standing beneath a Communist ⁠Refoundation Party flag.

He argued that Olympic infrastructure had placed a heavy burden on mountain towns hosting events ‌in the first widely dispersed edition of the Winter ‍Games.

The International Olympic Committee (IOC) points out ‍that the Games are largely using existing facilities, making them more sustainable.

At ‍the head of the procession, about 50 people carried stylized cardboard trees to represent the larches they said were felled to build a new bobsleigh track in Cortina d'Ampezzo.

"Century-old trees, survivors of two wars...sacrificed for 90 seconds of competition on a bobsleigh track costing 124 million (euros)," read another banner.

MARCH TAKES PLACE UNDER TIGHT SECURITY

According to police estimates, more than 5,000 people were taking part in the ⁠march.

Protesters set off from the Medaglie d'Oro central square to cover nearly four kilometers (2.5 miles) to end in Milan's south-eastern quadrant of Corvetto, a historically working-class district.

A rally last weekend by the hard-left in the city of Turin turned violent, with more than 100 police officers injured and nearly 30 protesters arrested, according to an interior ministry tally.

Saturday's protest follows a series of actions in the run-up to the Games, including rallies on the eve of the opening ceremony that denounced the presence in Italy of US ICE agents and what activists describe as the social and economic burdens of the Olympic project.

The march is taking place under tight security ‌as Milan hosts world leaders, athletes and thousands of visitors for the global sport event, including US Vice President JD Vance.