More than 48 billion spent on players transfer
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KATHMANDU: SEPT. 1 – European club football has seen a turnover of 48.5 billion (more than 5.7 trillion) in player transfer over the past decade.
A study by FIFA from 2011 to 2020 found that the club spent billions on player transfers alone.
FIFA introduced new player transfer rules in October 2010. The transfer market is running according to the same rules.
According to a study by FIFA, English clubs are among the top spenders on player buy and sales. Of the top 30 clubs in the transfer market, 12 are English clubs.
According to the report, Brazilian players have been transferred the most in the last decade and they have spent more money than players from other countries.
According to the report, clubs have spent 7.7 billion dollars on 15,128 Brazilian players. So far, Neymar is the only player on the list to be sold for over 200 million dollars In 2017, Paris Saint-Germain (PSG) signed Neymar from Barcelona for 222 million dollars.
According to a 98-page report released by FIFA, 3.5 billion dollars has been spent on agent fees alone over the past decade, and the use of transfer agents has increased by 69.1 per cent.
Clubs that spend the most
Manchester City is at the top of the list of spending the most on players transfers. Manchester is followed by another English club Chelsea, Spanish club Barcelona, French club PSG and another Spanish club Real Madrid.
The English clubs that spend the most money include Leicester, Southampton, Wolves, Everton, West Ham and Newcastle, along with the Big Six. Southampton are 21st on the list of the least spending money English clubs. While their expenses are more than the German club Borussia Dortmund.