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Maniche Acquisition Brings Atletico Spending to $50 Million

Portugal midfielder Maniche has signed a three-year deal with Atletico Madrid, after Dynamo Moscow agreed to sell the 28-year old to the Primera Liga club for $11.5 million. Maniche is the third Dynamo player to move to Atletico Madrid in the offseason, along with Greek Youkas Seitaridis and fellow Portugal international Costinha. Surprisingly, Atletico has been one of La Liga's biggest spenders in the offseason, shelling out $27 million for Argentine sensation Sergio Aguero and another $20 million on Jurado and former Valencia striker Mista. Atletico's total offseason spending is close to $54 million. Maniche, who spent six months on loan with Chelsea at the end of last season, joined Dynamo Moscow from Porto in May 2005, for a Russian transfer record $18 million but never quite settled at the club. He is, however, a mainstay with Luiz Felipe Scolari's Portuguese national team.

Read the whole story at Reuters UK »

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