Although Beckham, 32 in May, could remain at Real until the end of his contract in June, the sporting, cultural and financial aspects of the deal made headlines worldwide.

    Other significant moves included Brazilian striker Ronaldo, also leaving Real, for AC Milan and Swedish scoring machine Henrik Larsson arriving on loan at Manchester United.

    The moves of Beckham and Ronaldo ended the "galacticos" era at the Madrid club during which Real bought some of the world's most famous players -- but won nothing significant with them.

Former Real Madrid player Brazilian international Ronaldo speaks to the press in Madrid to confirm that an agreement had been reached between Real and AC Milan to allow him to move to Italy.((Xinhua/AFP Photo) Photo Gallery>>>

    Real will not get a transfer fee for Beckham and only received 7.5 million euros (9.7 million U.S. dollars) for Ronaldo, less than half the sum Milan offered them last August.

    As usual, Real were also the biggest spenders as they splashed out some 45 million euros on rejuvenating their squad with three South American youngsters -- Argentine duo Fernando Gago and Gonzalo Higuain and Brazilian fullback Marcelo.

    Of the other top Primera Liga sides, Sevilla look to have made another astute purchase in Russia's Alexander Kerzhakov, while Atletico Madrid have strengthened their already miserly defence with Brazilian centre back Fabiano Eller.

    Ronaldo's return to Italy overshadowed all the other transfers in Serie A.

    The arrival of the three-times FIFA World Player of the Year, along with Italy right back Massimo Oddo from Lazio, would "ensure Milan remain among the elite in Europe" said the club's vice-president Adriano Galliani.

    Parma's battle against relegation was boosted when they picked up Italy under-21 striker Giuseppe Rossi on loan from Manchester United. The 19-year-old marked his debut by scoring the winner in a 1-0 victory over Torino.

    While league leaders Inter made no moves in the market, second-placed Roma bolstered their squad with Sweden midfielder Christian Wilhelmsson and Valencia striker Francesco Tavano.

    Siena also strengthened their attack by signing Massimo Maccarone from Middlesbrough until June 2010.

    England's Premier League is awash with cash but the biggest move involved the fairly modest sum of 9.65 million pounds ($18.86 million) Aston Villa paid Watford for 21-year-old winger Ashley Young.

    Survival bid

    Apart from Matthew Upson's six million pound move to West Ham United from Birmingham City, most of the other transfers in England were between one and three million pounds, although a signing who cost nothing could be the most astute.

    Manchester United manager Alex Ferguson secured a loan deal for prolific striker Henrik Larsson from Helsingborg last November and the 35-year-old Swede marked his arrival with a goal on his debut against Aston Villa in the FA Cup.

    Argentina midfielder Javier Mascherano was cleared by FIFA to move from West Ham to Liverpool, but the Premier League were yet to approve the deal, saying a decision would be made after they studied the registration documents sent to them before the transfer window closed.

    Soccer's world governing body earlier waived, on a technicality, their own rule which states a player cannot feature for more than two clubs between June 30 in one year and July 1 the following year.

    Liverpool did definitely sign Deportivo La Coruna defender Alvaro Arbeloa and Malaga midfielder Francisco Manuel Duran.

    Werder Bremen were the biggest movers in the Bundesliga, bringing in Swedish striker Markus Rosenberg from Ajax for an estimated four million euros. ¡¡

    (Source: China Daily)