Everyone seems happy. Gareth Bale has got the transfer he has ‘dreamed’ of. The new Real Madrid superstar kisses the badge on day one & signs for the club he ‘dreamed of playing for as a child.’ Surprise surprise.
However, even happier is Tottenham Hotspur Chairman Daniel Levy – a very shrewd operator who has timed the transfer deadline signing exactly right!
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As our friends at World First point out – Mr. Levy is so smart, he has saved Tottenham Hotspur a small fortune by selling star midfielder Gareth Bale at exactly the right time.
So, lets break down the maths. What was 100,000,000 Euros worth over the last 12 months:
|02/08/2013||100 MILLION EUROS||£85,300,000|
|01/01/2013||100 MILLION EUROS||£81,000,000|
|12 Months Ago||100 MILLION EUROS||£79,258,000|
Daniel Abrahams, Co-Founder of MyCurrencyTransfer.com says:
Whatever your reason for sending money abroad, fluctuating exchange rates can heavily impact the value of your foreign currency transfers.
It’s worthwhile to have a foreign exchange broker on your side, who can help maximise the value of your foreign exchange transfers. As we saw, Mr Levy is approximately £6,042,000 better off selling Bale now versus one year ago. When making a large money transfer, it pays to speak to a foreign exchange specialist who can work with you to devise a currency strategy best suited to your individual or business foreign exchange requirements.
Feel free to compare foreign exchange companies today.
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