Don't miss




Dotard: an educational insult

Read more

#TECH 24

Medtech: Repairing the human body

Read more


Jennifer Lawrence on why she's unafraid to speak out

Read more

#THE 51%

Hola "Ellas Hoy" - The 51 Percent welcomes its sister show on FRANCE 24 Spanish

Read more


A stroll through the Corsican city of Calvi, jewel of the Mediterranean

Read more


The torment of Christians living in Syria’s Khabur valley

Read more


'Generation Merkel' yearns for continuity and stability

Read more


Amazon rainforest pays heavy price for Brazil's political crisis

Read more


Presidential election re-run pushed back to October 26th

Read more

French top striker transfer may not become permanent

Latest update : 2009-02-27

Djibril Cisse, French striker on loan from Marseille to Sunderland may not be permanently transferred to the English club as expected because of the economic crisis. With the devaluation of sterling, his price has risen by up to three million pounds.

AFP - France striker Djibril Cisse's proposed permanent transfer to Premier League club Sunderland could be wrecked by the global financial meltdown after his price tag rose by up to three million pounds.
Cisse is currently on loan at Sunderland from Marseille and the Black Cats had agreed a fee for the 27-year-old when they negotiated his temporary signing last year.
The former Liverpool star, who is currently recovering from an ankle injury, is the club's leading scorer so far this season with 10 goals.
But sterling's weakness against the euro has made the transfer much more expensive for relegation-threatened Sunderland and chairman Niall Quinn admitted it is far from certain the deal will go through.
"Djibril's deal was done correctly in that the decision will be made at the end of the season," Quinn told the Sunderland Echo.
"Now, he loves it here and he would love to have his future here - we take that as a very good sign. But there are a couple of factors at play here.
"One is that I can't commit to him until we are safe - that's economically rather than football-wise.
"I couldn't give so much of our revenue to Marseille for a starter if we were a Championship club. It would be bad practice. We need to know where we are going before we make a decision.
"The second thing to bear in mind is that sterling has fallen apart since we made the deal, and he's become about two (2.82 million US) or three million pounds (4.24 million US) dearer since we first agreed the deal.
"So we have to look at that. I'm not saying we won't do it, I'm saying it has to be looked at."

Date created : 2009-02-27