Erik Lira Transfer to Monaco Collapses Due to Squad Quota Issues

Mexican midfielder Erik Lira remains at Cruz Azul after Monaco failed to secure a foreign player quota.

TruthFoundry News Desk

Stands on 7 placed sources from 2 publishers.

Erik Lira, a Mexican midfielder, will remain with Cruz Azul after his transfer to AS Monaco collapsed at the last moment. ^[1] The 20 Premier League clubs spent more than €4 billion in the summer transfer market, setting a new record. ^[2] AS Monaco failed to secure a foreign player quota, which prevented the completion of Erik Lira's transfer before the Ligue 1 transfer window closed. ^[3] The transfer deal depended on the sale of American striker Folarin Balogun to free up a foreign player quota, but that sale did not happen. ^[4] Manchester City broke the record for the most spent by a single club in one summer, with more than €500 million spent on new signings. ^[5] According to Claro Sports, AS Monaco was set to pay eight million euros plus three million in variables for Erik Lira. ^[6] The spending of the 20 Premier League clubs is almost as much as the 18 Ligue 1 clubs combined, which spent €605 million. ^[7]

What this stands on

Erik Lira, a Mexican midfielder, will remain with Cruz Azul after his transfer to AS Monaco collapsed at the last moment. · El Financiero

The 20 Premier League clubs spent more than €4 billion in the summer transfer market, setting a new record. · FRANCE 24

AS Monaco failed to secure a foreign player quota, which prevented the completion of Erik Lira's transfer before the Ligue 1 transfer window closed. · El Financiero

The transfer deal depended on the sale of American striker Folarin Balogun to free up a foreign player quota, but that sale did not happen. · El Financiero

Manchester City broke the record for the most spent by a single club in one summer, with more than €500 million spent on new signings. · FRANCE 24

According to Claro Sports, AS Monaco was set to pay eight million euros plus three million in variables for Erik Lira. · El Financiero

The spending of the 20 Premier League clubs is almost as much as the 18 Ligue 1 clubs combined, which spent €605 million. · FRANCE 24

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