International transfer spending drops over 30% - News Summed Up

International transfer spending drops over 30%


Fifa announced that a total of $3.92bn was spent by clubs worldwide between June 1 and Oct. 5 in the transfer window this year, compared to $5.8bn a year ago. The number of transfers also fell from 9,087 last year to 7,424, down 18%, the report said. The number of those transfers involving a fee was 1,623 compared with 1,222, a decline of 25%. It also caused the transfer window to be extended until Oct. 5 to allow for a late start to the 2020/21 European club season. Of that, $1.25bn was spent by English clubs followed by Italian teams ($544m) and Spanish sides ($487m).


Source: Dhaka Tribune October 09, 2020 14:03 UTC



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