Luis Suárez, Barcelona to Atlético Madrid (£5.5m)

Related: Men’s transfer window summer 2020 – all deals from Europe’s top five leagues

The transfer story of the summer was a move that didn’t happen, but while Lionel Messi stayed at Barcelona, several high-profile teammates were ushered out. Ivan Rakitic, Arturo Vidal and Rafinha left for cut-price fees but the departure of Suárez caused the most anger – not least with Messi. “You did not deserve for them to throw you out like they did,” the Argentinian told his strike partner via Instagram.

Suárez has said the manner of his departure reduced him to tears, but it may be Barça who look back with regret. Having initially tried to dictate his destination, the club were forced to let Suárez join Atlético for a £5.5m fee made up entirely of variables. The Uruguayan may be nearly 34 but forcing out such a pivotal player was a big risk. Handing him to a title rival looks careless at best, and his explosive debut showed what he can do as part of an artful strike duo with Diego Costa.

Pierre-Emile Højbjerg, Southampton to Tottenham (£15m)

The Danish midfielder spent four years at St Mary’s but his departure caused little consternation among Southampton fans. Højbjerg impressed in spells but struggled for consistency, and was stripped of the captaincy in June after expressing his desire to leave. Having got his wish, Højbjerg has shown why José Mourinho was so keen to buy him. Nobody has completed more passes in the Premier League season, and the former Bayern academy product is building a solid midfield foundation with the improved Tanguy Ndombele. If he can maintain his strong start, £15m for a 25-year-old looks a steal.

Luca Waldschmidt, Freiburg to Benfica (£13.5m)

Project Restart has not gone to plan

Energy Transfer (ET) units have long been weighed down by several concerns. Now there appears to be a “piling on” by the environmental crowd and other challenges as well as a long overdue transition near the top to accommodate a very different market environment. A quick solution to the company problems is very unlikely because large companies tend to change very slowly. Therefore a model along the lines of Kinder Morgan (KMI) that I have covered in separate articles appears appropriate. That would mean that “righting the ship” would take several years as Kinder Morgan spent several years repaying debt after cutting the dividend while selling some divisions and exiting Canada.

The market appears to be “piling on” concerns while Energy Transfer attempts to find a satisfactory strategy for the future. One of these concerns is the attempted discounting to fill pipelines. Even though the business is based upon long term contracts, the market worries over a temporary lull in demand. Yet that lull would have to exist for a few years to have a material long term effect on the business.

Another worry in the “piling on” would be the attempt by Chesapeake Energy (OTCPK:CHKAQ) to cancel the contract it has with Energy Transfer. Chesapeake has made that request in bankruptcy court. Generally such a legal move begins a series of bargaining sessions that would result in a new contract closer to current market pricing. Nonetheless, should Chesapeake Energy want out of a contract that it can prove is onerous, then bankruptcy court is the place for that proposal. Even should the worst happen, the cost to Energy Transfer appears to be at most $300 million.

Contrarian investing is certainly a possible strategy for this company as Energy Transfer debt is investment grade and the company is unlikely to

It was the end of April and Juventus’s sporting director, Fabio Paratici, was talking about the upcoming transfer window for the first time: “We will have to be creative, imaginative.” He was absolutely right. More ideas, less money.

Five months have passed since then and we have just been through an extremely long and intense transfer window. It was unique because the circumstances had changed. There were some great ideas, although not all of them came through. It was a stop-start window, at times coming to a complete standstill, at others exhilarating. Above all, it was a window in line with the summer of a pandemic – it changed the world and therefore the transfer market.

Many clubs’ resources were limited by La Liga’s strict economic control and salary caps applied to every club, all of which found their income heavily hit by the coronavirus crisis. Barcelona, who on the final day of the window announced losses of €97m (£88m) over the financial year, needed to move players on and reduce their wage bill in order to bring new signings in.

Related: Premier League: the big winners and best signings of the transfer window

The Spanish giants could only get Sergiño Dest once they had sold Nélson Semedo and unable to force Ousmane Dembélé or Samuel Umtiti out or to raise greater funds on those who departed were forced to abandon negotiations for Eric García and Memphis Depay on the final day. Real Madrid have given the world the concept of galácticos but this time they did not sign a single player, determined as they were to reduce costs, stabilise and consolidate. Real were hoping for a discounted fee because of Covid-19 and maybe thought that they could sign Jadon Sancho for €90m plus bonuses in late September. “It was