Transfers amounted to 5 billion euros this summer according to FIFA

Home » Transfers amounted to 5 billion euros this summer according to FIFA
Transfers amounted to 5 billion euros this summer according to FIFA

The number of transfers in professional football has picked up sharply this summer after two years marked by the Covid-19 pandemic, indicates a report published Thursday by FIFA, which notes that the market has also continued to increase among female players.

Between June 1 and September 1, the amount spent on international transfers among men increased by 29.7% compared to the same period of 2021 to reach 5 billion dollars (5.02 billion euros ), indicates the body of world football.

Nearly €500 million in commissions for agents

A total of 9,717 international transfers involving professional players were carried out, an increase of 16.2% over one year, a sign that these operations have on average involved higher compensation, specifies the report.

Among the players, where even the financial collapse of the clubs linked to the Covid-19 had not stopped the fundamental progress of women’s professional football, “a new record has been broken” for the fifth year in a row, with 684 international transfers, i.e. 14.4% more than in the summer of 2021.

This progress report from FIFA, before the annual report traditionally published after the winter transfer window, also confirms the growing weight of agents, who received a total of 494.4 million dollars (496 M€) in commissions: their remuneration now represents 9.9% of the total amount of transfer compensation, compared to 6.1% in 2012.

“In comparison, the total payments made for training compensation amount to $69 million (€69.34 million)”says FIFA.

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