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Here are the five most exciting MLS newcomers for 2012, writes Leander Schaerlaeckens.

English Premier League club Bolton Wanderers has made a formal transfer offer for New York Red Bulls and U.S. national team defender Tim Ream, ESPN.com learned on Friday.

Former U.S. international Earnie Stewart has reinvented himself as a savvy expert on the business of soccer and in so doing has helped AZ Alkmaar to the top of the Eredivisie.

How did U.S. players fare in the now-closed transfer window? We grade the moves of 10 key players.

There's serious cause for concern about the financial state of most European soccer clubs. Huge debt, cash crunches, mismanagement -- all the warning signs are there for an economic collapse. Soccer is eating itself, writes Leander Schaerlaeckens.

If you're looking for savvy football clubs -- the type that get a lot of bang for the buck -- look elsewhere. This is the economic hall of shame, writes Leander Schaerlaeckens.

The MLS' designated player rule has helped to improve the league's status and level of play. But several issues remain among league and salary regulations before further growth can be expected, writes Leander Schaerlaeckens.

While every club dabbles in the transfer market, these five are masters at knowing when to buy and sell players for maximum value.

After a strong World Cup performance, Carlos Bocanegra gets the transfer he's wanted all along, writes Leander Schaerlaeckens.