Skip to main content
FourFourTwo FourFourTwo FOOTBALL NEWS, FEATURES, QUIZZES
Sign in
  • View Profile
  • Sign out
flag of UK
UK
flag of Australia
Australia
flag of US
US
flag of Canada
Canada
flag of 대한민국
대한민국
flag of Türkiye
Türkiye
  • Soccer Cleat Buying Guides
  • Newsletter
  • News
  • Video
  • Features
  • Quizzes
  • Clubs
  • More
    • Interviews
    • The Magazine Archive
    • Subscribe
    • Lists
    • How to watch
    • About
FourFourTwo Magazine
FourFourTwo Magazine
Why subscribe?
  • Fascinating feature articles, covering everything from grass-roots football to the international scene
  • 'ACCESS ALL AREAS' pass to exclusive interviews with the biggest and best names in the game!
From$29.99
View
Trending
  • WATCH the UCL
  • Transfers
  • Interviews
  • Messi
  • Ronaldo
  • EPL
Recommended reading
Quiz Quiz! Can you name the five biggest transfer fees for every year of the 2000s?
Barcelona's Brazilian forward Neymar leaves the pitch at the end of first half during the UEFA Champions League round of 16 second leg football match FC Barcelona vs Paris Saint-Germain FC at the Camp Nou stadium in Barcelona on March 8, 2017.
Quiz Quiz! Can you name the 50 biggest transfers ever in football?
Arsenal midfielder Declan Rice, May 2025
Quiz Quiz! Can you name the biggest signings of the 2020s so far?
Kylian Mbappe
Quiz Quiz! Can you name the 50 most expensive teenagers of all time?
Arsenal midfielder Declan Rice, May 2025
Quiz Quiz! Can you name every Premier League club's record sale?
The press conference for new Middlesbrough signing striker Jan Aage Fjortoft, 23rd March 1995. (Photo by Stephen Elliott/Mirrorpix/Getty Images)
Stories 'I was stood in the shower with shampoo in my eyes when the secretary came into the dressing room and shouted, "We’ve agreed to sell you"': Ex-Premier League striker recalls finding out about key transfer
The 100 most expensive football transfers of all time: Florian Wirtz is unveiled as a Liverpool player after his signing at AXA Training Centre on June 20, 2025 in Kirkby, England.
Lists The 100 most expensive football transfers of all time
  1. Features

20 memorable transfer swaps – and who got the better deal

By Greg Lea published 9 November 2020

Memorable swap deals

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.

Memorable swap deals

Memorable swap deals

There’s something strangely exciting about a swap deal.

In this slideshow, we look at some of the biggest swap transfers in football history and assess which club got the better side of the deal on each occasion.

Page 1 of 21
Page 1 of 21
Michael Owen for Antonio Nunez + £8m

Michael Owen for Antonio Nunez + £8m

Liverpool and Real Madrid

After maintaining his one-in-two strike rate in his final season at Liverpool in 2003/04, Owen was sold to Real Madrid for a fee of £8m plus Nunez. That represented an excellent deal for los Blancos, who took full advantage of the fact that the England striker only had a year remaining on his contract at Anfield.

Owen didn’t set the world alight at the Santiago Bernabeu, although he did end the campaign with a better minutes-per-goal ratio than any of his team-mates. Nunez, an unused substitute in Liverpool’s Champions League victory over Milan, did little of note on Merseyside and was sold to Celta in 2005.

Winner: Real Madrid

Page 2 of 21
Page 2 of 21
Jermain Defoe for Bobby Zamora + £7m

Jermain Defoe for Bobby Zamora + £7m

West Ham and Tottenham

A rare swap deal which worked out pretty well for all parties. Defoe had been part of the absurdly talented West Ham side that got relegated with the highest points total in Premier League history, and after scoring 11 in 19 second-tier games it was no surprise that he found a suitor in David Pleat's Spurs.

After bagging seven in the remaining 15 top-flight games, the striker plundered 22 goals in his first full season at White Hart Lane, and has hardly stopped scoring since. Zamora was less prolific at Upton Park, but he did net the winner in the play-off final that returned the Hammers to the Premier League (and later repeated the feat for QPR).

Winner: Tottenham

Page 3 of 21
Page 3 of 21
Zlatan Ibrahimovic for Samuel Eto’o + £35m (and Alexander Hleb on loan)

Zlatan Ibrahimovic for Samuel Eto’o + £35m (and Alexander Hleb on loan)

Inter and Barcelona

In search of a plan B for when Barcelona’s tiki taka wasn’t bearing fruit, Pep Guardiola signed Ibrahimovic from Inter in summer 2009. Eto’o, meanwhile, had a difficult relationship with the Blaugrana boss, so was included in a deal which also sent £35m and Hleb to San Siro.

Ibrahimovic scored 21 goals in 45 appearances for Barcelona, but he was unhappy at playing second fiddle to Lionel Messi and left the following summer. More literally, Eto’o was also placed in an unfamiliar position at Inter – Jose Mourinho deployed him out wide in many of the Nerazzurri’s biggest games – but the Cameroonian was at least rewarded with Serie A, Champions League and Coppa Italia winner’s medals.

Winner: Inter

Page 4 of 21
Page 4 of 21
David Luiz for Nemanja Matic + £20m

David Luiz for Nemanja Matic + £20m

Benfica and Chelsea

Chelsea’s policy of hoarding every promising youth player under the sun does occasionally lead to some odd transfer dealings. One such move came in 2011, when the Blues’ desperation to sign Luiz from Benfica saw them include promising midfielder Matic in the deal.

It’s tough to pick a winner in this one – Benfica certainly did well financially, later selling Matic back to the Blues for £21m, but Chelsea ultimately got the best of both players on the pitch.

Winner: Chelsea

Page 5 of 21
Page 5 of 21
Roberto Carlos + £1m for Ivan Zamorano

Roberto Carlos + £1m for Ivan Zamorano

Inter and Real Madrid

Chilean forward Zamorano was one of the most coveted strikers in Europe back in 1995, having notched 28 goals in 38 games to help Real Madrid to the La Liga title. The emergence of Raul cost him game time at the Bernabeu, though, so Roy Hodgson’s Inter stepped in and sent Roberto Carlos in the opposite direction.

The Brazilian, who later claimed Hodgson’s stint at San Siro “destroyed” him, would soon establish himself as one of the world’s best left-backs. Zamorano was far from a failure in Italy, scoring 40 in 148 games – but he’s probably best remembered for wanting the No.9 shirt (occupied by Ronaldo) so badly that he put a plus sign between the ‘1’ and ‘8’ on his back.

Winner: Real Madrid

Page 6 of 21
Page 6 of 21
Ricardo Quaresma for Deco

Ricardo Quaresma for Deco

Porto and Barcelona

Elegant playmaker Deco was highly coveted in summer 2004, having recently helped Porto win the Champions League and Portugal reach the final of the European Championship.

Barcelona won the race for his signature, their bid presumably aided by a willingness to sweeten the deal by including Quaresma – who had been in a similar position to his international team-mate a year earlier. It did the trick, but whereas the latter struggled to fulfil his potential back in Portugal, Deco won two leagues, two cups and the Champions League at the Camp Nou.

Winner: Barcelona

Page 7 of 21
Page 7 of 21
Francesco Coco for Clarence Seedorf

Francesco Coco for Clarence Seedorf

Milan and Inter

One of the biggest mistakes Inter have ever made was allowing Andrea Pirlo to join city rivals AC Milan in 2001. Their decision to exchange Seedorf for Coco a year later was almost as bad; while the Dutchman went on to win two Champions Leagues and two Scudetti in red and black, the Italian played just 26 league games in five years on the Nerazzurri’s books.

Still, at least Inter learned their lesson and definitely didn’t sell a young Leonardo Bonucci – who’s now at Milan – to Genoa in 2009. Hang on, what’s that?

Winner: Milan

Page 8 of 21
Page 8 of 21
William Gallas for Ashley Cole + £5m

William Gallas for Ashley Cole + £5m

Chelsea and Arsenal

Gallas reportedly threatened to deliberately score own goals if he wasn’t allowed to leave Chelsea in 2006 (something he later refuted to FFT), so you can see why Arsenal were keen to snap him up. The centre-back proceeded to fall out with team-mates at the Emirates and, despite being captain, once sat down in the centre-circle in an epic sulk after a draw with Birmingham.

Cole, on the other hand, was a fixture at left-back for the Blues, winning the league, four FA Cups and the Champions League. He did also shoot an unsuspecting work experience kid with an air rifle, though, so it’s swings and roundabouts.

Winner: Chelsea

Page 9 of 21
Page 9 of 21
Andrew Cole for Keith Gillespie + £6m

Andrew Cole for Keith Gillespie + £6m

Newcastle and Manchester United

In summer 1995 Alex Ferguson sold Paul Ince, Mark Hughes and Andrei Kanchelskis and placed his trust in youth. It surprised fans and may have disappointed Keith Gillespie: frustrated by a lack of first-team football at Old Trafford, the right-winger had joined Newcastle a few months earlier.

In fact, Gillespie was the less surprising half of a swap deal with the Geordies' goal machine Andy Cole. The Londoner wasn't seeing eye-to-eye with Kevin Keegan, who was forced to explain his decision to irate fans outside St James' Park. Fergie acted as impromptu agent for Gillespie, wangling the Ulsterman a 380% pay-rise; he also considered buying him back that summer, instead opting to promote some kid called David Beckham. Cole won five league titles and the Champions League at Old Trafford.

Winner: Man United

Page 10 of 21
Page 10 of 21
Fabio Cannavaro for Fabian Carini

Fabio Cannavaro for Fabian Carini

Inter and Juventus

In 2004, Inter shipped out Italy’s future World Cup-winning captain in a swap deal for Uruguayan goalkeeper Carini. Cannavaro went on to form part of the Old Lady’s incredible defence alongside Lilian Thuram and Gianluca Zambrotta, and in front of Gianluigi Buffon, before joining Real Madrid after the Calciopoli scandal in 2006.

Conversely, Carini struggled to break into the first team at Inter, making just four appearances for the club during a three-year spell, most of which was spent out on loan. There’s only one winner here.

Winner: Juventus

Page 11 of 21
Page 11 of 21
Ian Wright for some weights

Ian Wright for some weights

Crystal Palace and Greenwich Borough

The future England international Wright was playing for semi-professional side Greenwich Borough for just £30 a week when he was scouted by Crystal Palace in 1985. Yet rather than give the non-league outfit some much-needed cash, the Eagles took a look around their training ground and decided to offer a set of weights to Borough in return for their incredibly talented young striker.

Wright went on to score 117 goals for the Eagles and was later voted the club’s Player of the Century. The whereabouts of the weights is unknown.

Winner: Crystal Palace

Page 12 of 21
Page 12 of 21
James Beattie + £7.5m for Kevin Davies

James Beattie + £7.5m for Kevin Davies

Blackburn and Southampton

A Blackburn academy graduate, Beattie only made four senior league appearances for Rovers before being shipped off to Southampton. The youngster was used as a makeweight in a deal which saw Davies, who cost the Lancastrians an additional £7.5m, move in the opposite direction.

Within a year both frontmen were employed at St Mary’s, with Southampton re-signing Davies following Blackburn’s relegation to the second tier. Beattie’s career on the south coast got off to a slow start, but he eventually became the team’s talisman before being sold to Everton in 2005.

Winner: Southampton

Page 13 of 21
Page 13 of 21
Henrikh Mkhitaryan for Alexis Sanchez

Henrikh Mkhitaryan for Alexis Sanchez

Manchester United and Arsenal

Stop sniggering at the back there. There was a time when getting Sanchez for relative pittance would have been considered incredible business. Instead, he's now widely regarded as one of – if not the – worst signings in Premier League history.

And that's no exaggeration: the Chilean's on-pitch performances have been woeful, and his eye-watering contract a huge problem.

Mkhitaryan hasn’t exactly set the world alight in north London, but he’s not been a disaster either. By that measure, Arsenal are the clear victors here.

Winner: Arsenal

Page 14 of 21
Page 14 of 21
Lorik Cana + £1.8m for Fernando Muslera

Lorik Cana + £1.8m for Fernando Muslera

Galatasaray and Lazio

Italian clubs like a swap deal more than most, but this time Lazio managed to persuade a foreign side to get involved. On the lookout for a new midfielder, the Rome-based outfit parted with £1.8m and goalkeeper Muslera to bring Cana to the Stadio Olimpico.

The former Sunderland man did well enough in Serie A, but Muslera’s longevity and honours list means Galatasaray got the better end of the bargain: the Uruguayan shot-stopper has racked up 327 appearances for the Lions, winning nine trophies along the way.

Winner: Galatasaray

Page 15 of 21
Page 15 of 21
Giampaolo Pazzini + £5.5m for Antonio Cassano

Giampaolo Pazzini + £5.5m for Antonio Cassano

Inter and Milan

One of the most naturally talented footballers of the 21st century, Cassano never really fulfilled his enormous potential. That was true at Inter as much as anywhere; after crossing the San Siro divide in summer 2012, the forward was bombed out after a year amid concerns over his fitness and work ethic.

Pazzini was hardly a revelation at Milan, but he did exceed expectations by notching 15 goals in his debut campaign. A downturn followed thereafter, but the mild-mannered frontman still contributed in 2013/14 and 2014/15.

Winner: Milan

Page 16 of 21
Page 16 of 21
Andrea Pirlo for Andres Guglielminpietro + £1.7m

Andrea Pirlo for Andres Guglielminpietro + £1.7m

Inter and Milan

Oh dear, Inter. Pirlo’s first taste of life at San Siro came in blue and black rather than red and black, but the metronomic midfielder didn’t make much of an impression in his 22 Serie A outings for the Nerazzurri.

Milan had clearly seen something in those performances, though, and were only too happy to hand their neighbours Guglielminpietro and £1.7m in exchange for the Italian. Pirlo went on to win two league titles and two Champions Leagues with the Rossoneri, while Guglielminpietro (nicknamed Guly) played less than 50 games for Inter before being loaned to Bologna.

Winner: Milan

Page 17 of 21
Page 17 of 21
Jose Antonio Reyes for Julio Baptista

Jose Antonio Reyes for Julio Baptista

Arsenal and Real Madrid

Baptista memorably scored four times in Arsenal’s 6-3 defeat of Liverpool in the League Cup, but he only managed three Premier League goals during his season-long loan switch from Madrid. Arsene Wenger’s side finished fourth that year, a full 21 points behind champions Manchester United.

Reyes was a more prominent member of the Madrid team during his time at the Santiago Bernabeu, and while a return of six goals in 30 league appearances was hardly outstanding, he did contribute to a title triumph under Fabio Capello.

Winner: Real Madrid

Page 18 of 21
Page 18 of 21
Christian Vieri for Diego Simeone + £28m

Christian Vieri for Diego Simeone + £28m

Lazio and Inter

Inter assembled the most fearsome front two in world football in 1999, pairing new signing Vieri with the phenomenon that was Ronaldo. The Australia-born Italy international kept up his end of the bargain at San Siro, scoring 123 goals in 190 matches, yet all that yielded was a solitary Coppa Italia in six seasons.

Simeone, conversely, won a league and cup double in the first of his four campaigns at Lazio. Given that the Biancocelesti also received what was then a world-record fee for Vieiri, they were the winners of this swap deal.

Winner: Lazio

Page 19 of 21
Page 19 of 21
Fernando Torres for Alessio Cerci

Fernando Torres for Alessio Cerci

Milan and Atletico Madrid

After reaching double figures for both goals and assists at Torino in 2013/14, Cerci moved to Atletico Madrid for €16m. Yet that dream move quickly turned into a nightmare, with the Italian winger making only six league appearances for the Colchoneros before being sent to Milan in exchange for Torres.

A return to Serie A didn’t bring about an upturn in fortunes, as Cerci scored just once in 33 games for the Rossoneri. Torres’ second spell at Atletico was much more successful, the striker finding the net 38 times across three and a half seasons.

Winner: Atletico Madrid

Page 20 of 21
Page 20 of 21
Peter Odemwingie for Kenwyne Jones

Peter Odemwingie for Kenwyne Jones

Cardiff and Stoke

A straight swap conducted towards the end of the January 2014 transfer window, Cardiff sent Odemwingie to Stoke and received Jones in return. It was hoped that the Trinidadian would score the goals to keep the Bluebirds in the Premier League, but he mustered only one in 11 appearances as the club were relegated to the Championship.

Odemwingie hit the ground running by contrast, averaging a goal every three games in his first half-season at Stoke. However, while Jones was Cardiff’s top scorer the following campaign, Odemwingie’s Stoke career quickly fizzled out.

Winner: Cardiff

Page 21 of 21
Page 21 of 21
TOPICS
Transfer news Henrikh Mkhitaryan Arsenal Manchester United Chelsea Andrew Cole Ashley Cole Bobby Zamora Jermain Defoe Tottenham Hotspur West Ham United David Luiz Nemanja Matic Benfica Ian Wright Crystal Palace Porto Deco Barcelona Samuel Eto'o Internazionale Fabio Cannavaro Juventus Roberto Carlos Iván Zamorano Gonzalo Higuaín Leonardo Bonucci Milan Fernando Torres Alessio Cerci Luis García Liverpool Atlético Madrid Alexis Sánchez Sánchez Shola Ameobi
Greg Lea
Greg Lea
Social Links Navigation

Greg Lea is a freelance football journalist who's filled in wherever FourFourTwo needs him since 2014. He became a Crystal Palace fan after watching a 1-0 loss to Port Vale in 1998, and once got on the scoresheet in a primary school game against Wilfried Zaha's Whitehorse Manor (an own goal in an 8-0 defeat).

Read more
Quiz! Can you name the five biggest transfer fees for every year of the 2000s?
Barcelona's Brazilian forward Neymar leaves the pitch at the end of first half during the UEFA Champions League round of 16 second leg football match FC Barcelona vs Paris Saint-Germain FC at the Camp Nou stadium in Barcelona on March 8, 2017.
Quiz! Can you name the 50 biggest transfers ever in football?
Arsenal midfielder Declan Rice, May 2025
Quiz! Can you name the biggest signings of the 2020s so far?
Kylian Mbappe
Quiz! Can you name the 50 most expensive teenagers of all time?
Arsenal midfielder Declan Rice, May 2025
Quiz! Can you name every Premier League club's record sale?
The press conference for new Middlesbrough signing striker Jan Aage Fjortoft, 23rd March 1995. (Photo by Stephen Elliott/Mirrorpix/Getty Images)
'I was stood in the shower with shampoo in my eyes when the secretary came into the dressing room and shouted, "We’ve agreed to sell you"': Ex-Premier League striker recalls finding out about key transfer
Latest in Lists
NOTTINGHAM, ENGLAND - JANUARY 30: Laura Woods, TNT Sports presenter before the Premier League match between Nottingham Forest and Arsenal FC at City Ground on January 30, 2024 in Nottingham, England. (Photo by Richard Sellers/Sportsphoto/Allstar via Getty Images)
Women's Euro 2025: Who are the ITV presenters, pundits and commentators?
BBC Sport Presenter, Alex Scott, reacts prior to the Barclays Women's Super League match between Everton and Manchester City at Walton Hall Park on December 15, 2024 in Liverpool, England.
Women's Euro 2025: Who are the BBC presenters, pundits and commentators?
The 100 most expensive football transfers of all time: Florian Wirtz is unveiled as a Liverpool player after his signing at AXA Training Centre on June 20, 2025 in Kirkby, England.
The 100 most expensive football transfers of all time
2026 World Cup stadium guide: General view during the CONMEBOL Copa America 2024 semifinal match between Canada and Argentina at MetLife Stadium on July 09, 2024 in East Rutherford, New Jersey.
2026 World Cup stadium guide: The full list of venues
The 100 most expensive football transfers of all time: Florian Wirtz is unveiled as a Liverpool player after his signing at AXA Training Centre on June 20, 2025 in Kirkby, England.
The 100 most expensive football transfers of all time
Ranked! The 10 best strikers in the world
Ranked! The 10 best strikers in the world
Latest in Features
Tim Howard in action for Everton in 2012
Quiz! Can you name every Premier League player with between 80 and 100 goals?
Women's Euro 2025 predictor
Women's Euro 2025 predictor: Play with our interactive prediction game
Esther Gonzalez plays against Leah Williamson and Alex Greenwood during the UEFA Women's Nations League 2024/25 Group A3 match between Spain and England at RCDE Stadium in Barcelona, Spain, on June 3, 2025.
Women's Euro 2025 fixtures: The full schedule
Newcastle United 2025/26 third kit
The Newcastle United 2025/26 third kit is out - and this is one of the Magpies' greatest-ever efforts
Quiz! Can you name every English player nominated for the Ballon d'Or since 2000?
LUSAIL CITY, QATAR - DECEMBER 18: Lionel Messi of Argentina celebrates with the World Cup Trophy after the FIFA World Cup Qatar 2022 Final match between Argentina (3) and France (3) (Argentina win 4-2 on penalties) at Lusail Stadium on December 18, 2022 in Lusail City, Qatar. (Photo by Simon Bruty/Anychance/Getty Images)
2026 World Cup: Every team to have qualified
LATEST ARTICLES
  1. Manchester City boss Pep Guardiola is a serial winner
    1
    Manchester City looking to bring star back from Saudi Arabia in shock move: report
  2. 2
    Newcastle looking to new €100m striker in serious statement of intent: report
  3. 3
    Arsenal given breakthrough on Benjamin Sesko 'agreement', with final price revealed: report
  4. 4
    Quiz! Can you name every goalkeeper with 50 or more Premier League clean sheets?
  5. 5
    Liverpool star Harvey Elliott ready for sale, with price set following Euros: report

FourFourTwo is part of Future US Inc, an international media group and leading digital publisher. Visit our corporate site.

  • Terms and conditions
  • Contact Future's experts
  • Privacy policy
  • Cookies policy
  • Accessibility statement
  • Careers
  • About FourFourTwo
  • Advertise with us
  • Worldwide
  • How to pitch to FourFourTwo

© Future US, Inc. Full 7th Floor, 130 West 42nd Street, New York, NY 10036.

Please login or signup to comment

Please wait...