PSG Locks Up Ibrahimovic

Big news from the European transfer market today as Paris Saint-Germain finally unveiled vaunted Swiss International Zlatan Ibrahimovic as their latest signing.  The French Ligue 1 side has been splashing money around the last year or so after being purchased by a member of the Qatari royal family.  Last winter they famously tried to pry David Beckham away from the Galaxy, but Beckham preferred his smug life in California.

The deal for Ibra is pretty hefty.  They paid AC Milan 25 million dollars in transfer fees, and they'll be paying the big Swede 17 million dollars per year, 2 million more than he was making with AC Milan in Serie A.  He'll join former AC Milan teammate Thiago Silva and former Napoli man Ezequiel Lavezzi, who had both signed deals with PSG earlier this summer.

Last year PSG spent 123 million dollars on players, and brought in former Chelsea manager Carlo Ancelotti, but failed to win the Ligue 1 title.  Odds are that will change this year.  These moves raise both the profile of PSG, but the French 1st division as well.

Ancelotti Now In Charge at PSG

One of the long expected moves at free spending Paris St. Germain has now come to pass. Today the French side officially named former Chelsea boss Carlo Ancelotti as their new manager. The deal runs for 2 and half years.

Ancelotti takes over from Antoine Kombouare, who left the job despite the fact that PSG is at the top of the table in France. Ancelotti stated that he wanted to help the Paris club become one of the big clubs in Europe.

Ancelotti has guided both Ac Milan and Chelsea in the Champions League, and won the domestic double in England two years ago with the Blues. PSG has not won Ligue Un since 1994 and has not been in the Champions League in 7 years.