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Italy hits five-year low in January football transfer market

Milan (AFP) – Italy’s Serie A hit a five-year low for spending during a frugal January transfer window which closed Wednesday night with ten-times less cash splashed than in the English Premier League. Muted big-name transfers such as Argentine midfielder Javier Pastore to Inter Milan from Paris Saint-Germain never materialised with Italian clubs spending an estimated 50 million euros ($62 million)– less than the English second tier.
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