Sports News of Thursday, 17 January 2019

Source: ghanasoccernet.com

Richmond Boakye-Yiadom emerges most expensive player at Red Star Belgrade

Richmond Boakye Yiadom, Black Stars Striker Richmond Boakye Yiadom, Black Stars Striker

Ghana forward Richmond Boakye Yiadom is the most expensive player at Red Star Belgrade after the club listed its financial benefits from the last two season.

The Serbian champions have accumulated an enormous amount of profits following the businesses it has been engaged in and their participation in the UEFA Champions League.

The Black Stars attacker who is on a two-year loan deal from Chinese Super Lig side Jiangsu Suning is rated as the club's most expensive player at a value of € 2.5 million.

Boakye-Yiadom raked huge profit for the club when he joined the Super Lig last February but returned after a difficult spell in Asia.

Red Star Belgrade also benefited from the sale of Ghanaian defender Abraham Akwasi Frimpong to Hungarian giants Ferencvarosi for € 300,000.

In the last two season, Red Star Belgrade have earned € 42.1 million in the football business, which includes the sale of players and tickets for match days.

Out of the € 42.1 million proceeds, they spent € 8.49 million in the purchase of players before other expenses came in to get them a total profit of € 26.9 million.