Cast your mind back to your studies at either school or university, one of the lessons that was drummed into you by your teachers or your lecturers was too trust your sources! You shouldn’t just use Wikipedia was often the message but you had to complete some detailed research using books and journals from subject matter experts. The world of the Football Index is no different as there are some sources that deserve serious respect and unsurprisingly when they speak on transfers the market reacts.
Last night saw the BBC reporter David Ornstein take part in an interview in BBC Radio 5 Live where he had reported on the transfers he felt the big clubs would be looking to make in this window. As we sit on the cusp of the Media Madness season from June 1st where five, yes five, places will be paid out Media Dividends such news was gladly welcomed by traders.
One of the most surprising snippets of information was that the newly crowned champions Manchester City were said to be very interested in Charlton Athletic youngster, Joe Aribo (£0.79). Previously heavily linked with Arsenal this news saw his price rocket by £0.17 or 27%. Is the midfielder a new Phil Foden (£3.28)?
Now all journalists are particular experts in certain areas with Ornstein being well known for his close ties to Arsenal Football Club. The news for Gunners fans was a renewed link with Getafe’s centre back Djene Dakonam (£0.51). The Togolese player has been central in Getafe’s surprise push for the Champions League in La Liga and could be a defensive answer for Unai Emery. The news saw him rise a modest £0.06 or 13% a future.
There was also some news for Manchester United fans with a story that wonder kid Jadon Sancho (£5.27) was the number one target for Ole Gunnar Solksjaer. This news is sure to excite Red Devil’s fans with Sancho enjoying an incredible season for Borussia Dortmund, but the news wasn’t all good as the move is said to be 50/50 at best with Sancho apparently unwilling to sacrifice Champions League football and join an unstable club. One thing for sure is that this could be a huge transfer story if the Red Devil’s get a positive intent from Sancho!
There are very few journalists who can make the market move like Ornstein did last night but when they speak you would be wise to listen! Who else do traders trust?