The total volume of spending on the global transfer market exceeded the $ 7 billion , with Europe representing 78.2 percent for the first time in 2018.

According to a study conducted by the International Federation of Association Football (FIFA) and published on Wednesday that the transfer costs rose by 10.3 percent in 2018 compared with 2017, noting that 31 clubs spent only more than 50 million dollars and represent these clubs alone more than half of total spending and indicated that the clubs belonging to the the Union of European Football Association (UEFA) accounted for 78.2 percent of these expenditures.

With regard to the balance of income / expenditure of transfers, France is the most advantageous, with transfer revenues reaching 467.2 million dollars, while the deficit in England reached 1.05 billion dollars, the highest among countries.

For the first time since 2018, the clubs had to provide information on the transfers of players on the basis of the global transfer system, noting that in total 696 cases of transfers between clubs from 74 unions involving 614 players from 72 different nationalities were recorded.

The total value of these transfers was $ 564,000, which FIFA considered "the market for professional players is still in its infancy."

Last year, a total of 16,533 transfer cases involving 14,186 players from 175 different nationalities were recorded for a total of 7.3 billion dollars, according to the International Federation, which records all transfers through the international transfer system.

Source: Yemen News Agency

Related Post

About Us

The website publishes the news, which is gathered from all the sectors of the country with keeping an eye on different sorts of news from all over the world. All kinds of news on our news website do not consist of any sort of content that can be called the prejudice one, that strategy keeps us away from adding up any useless extra content in the news.