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No Money To Spend In This Summers Transfer Market

The transfer market is almost at a standstill across Europe, but nowhere is the economic crisis being felt more than in where big money transfers were a common occurrence.

Not this summer where the biggest transfer has been the €14m that paid for Jordi Alba, one the revelations of Euro 2012.

Clubs now watch every euro cent before endorsing a transfer and with only two weeks before the start of the new season, the teams in the first division have barely spent more than €1m on transfers. In fact, there are two teams in the second division that have spent more on transfers than 13 teams in the top flight.

Barça B spent €1.25m on signing Joan Ángel Román, who until last season played for . The other team is Real Madrid’s academy team. Castilla signed Borja García from Córdoba for €1.5m.

With these two transfers, Real Madrid and Barcelona’s two academy teams have spent more money on transfers than Real Madrid, Málaga, Atlético de Madrid, Levante, Osasuna, Mallorca, Betis, , Rayo Vallecano, Zaragoza, Deportivo de la Coruña, Celta and Valladolid.