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Wednesday, July 16, 2008
AC Milan sticks down $30 million Ronaldinho deal
Brazilian superstar Ronaldinho agreed on Tuesday to leave Barcelona, where he was deemed surplus to requirements, and sign for AC Milan in a deal reported to be worth $30 million.
"AC Milan and FC Barcelona have reached an agreement for the transfer of Ronaldinho," said a Milan statement released on the club's official website.
"On Wednesday the player will be in Milan for a medical and to sign the contract which will tie him to Milan until June 30, 2011."
Barcelona and Milan officials held talks in the Catalan capital on Tuesday to thrash out the details of the 28-year-old's move.
The Gazzetta dello Sport reported that Milan will pay Barcelona 18.5 million euros ($29.5 million) for the World Cup winner with the figure likely to be increased by performance-related bonuses.
The news of the deal was a body blow to English Premier League side Manchester City who had offered 32 million euros for the two-time world player of the year.
Ronaldinho, who was not wanted at the Nou Camp by new Barcelona coach Pep Guardiola following a dip in form last season, scored 70 goals in 145 appearances for the Spanish side.
Meanwhile, Milan coach Carlo Ancelotti is looking forward to having Ronaldinho in his team as the San Siro giants aim to bounce back from their disappointing 2007/2008 season which saw them finish in fifth place in Serie A and miss out on Champions League qualification.
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