Around midnight the re-elected Real Madrid president Florentino Perez did what many thought was impossible.

He finalized the €65 million switch which brought Ricardo Izecson dos Santos Leite, or Kaká as he is more commonly known, to Real Madrid by making him the second most expensive player in history.

Back in January AC Milan was ready to sell their star player to Manchester City who tabled an astronomical bid of around the regions of €100 million. The club left the final decision down to Kaká, who later stated that he hadn't even given the offer 30 seconds before turning it down.

The reason behind Milan's lack of pressure for the move to go through was in some sense respect for the player. No offense to Manchester City, but they still have a long way to go before they'll be able to fight with the Premier League top four. Instead, whispers of a summer move to Real Madrid began flourishing in the media.

During the January transfer window Kaká also pledged his love for the club and has continued to do so ever since. Just last Monday he gave an interview on the plane on his way to Brazil where he once again said he wants to continue winning titles with Milan.

The past season was an end of an era in many ways for AC Milan.

Club legend and icon Paolo Maldini played his last game for the Rossoneri after spending a quarter of a century with the team-captaining the side for more than a decade along the way.

Coach Carlo Ancelotti left the bench after eight years in the Italian fashion capital and headed for London to take charge of the Blues.

Star player Ricardo Kaká was recently sold to Spanish titans Real Madrid in order to balance the sheets.

Next season will bring with it a new captain in Massimo Ambrosini, a new coach in former Milan midfielder Leonardo and most likely a handful of new additions from the summer's mercato.