$ 7.35 billion spent on player transfers in 2019, says FIFA – Channels Television

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Football clubs around the world spent a record $ 7.35 billion (€ 6.63 million) on transfers in the men's game in 2019, FIFA revealed in a report released on Wednesday.

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The figure represents an increase of 5.8% in 2018, with English clubs accounting for the largest total disbursement at just over $ 1.5 billion – a drop of 22.1% compared to previous figures.

However, 80% of all transfer fee spending came from 100 clubs combined, according to the global transfer market report.

Portuguese clubs achieved the highest net balance with US $ 384 million, while those in England produced the largest negative net balance of US $ 549.9 million.

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18,042 international transfers were made – another record. They involved 15,463 players from 178 different nationalities.

There was also a 16.3% increase in spending on women's football, with the total number rising from $ 560,000 to $ 652,000. The number of transfers went from 696 to 833.

"It is remarkable to see a new record number of transfers in the men's market," said Emilio Garcia Silvero, FIFA's legal and compliance director.

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"We also see an increase in overall numbers in the women's market, which is a sign of the positive overall development of women's football in the last year, which we believe will continue in 2020".

AFP

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