Tuesday 07 September 2021
The International Football Association (FIFA) announced today, Tuesday, that the sum of the summer transfer fees in men’s football has decreased slightly compared to the sum of last year’s season.
FIFA explained that the transfer fees paid during the summer transfer period, which lasted from early June until the end of last August, amounted to $3.72 billion.
And this sum, in the summer of 2020, recorded a decrease due to factors, foremost of which is the repercussions of the Corona crisis, to reach nearly 4 billion dollars, while it had reached a record level, by 5.80 billion dollars in the summer of 2019.
According to what FIFA announced, German clubs managed to achieve a surplus of more than 120 million dollars in the last summer transfer season, as the expenses of these clubs on transfers decreased slightly from 348.3 to 337.9 million dollars.
In contrast, German clubs’ revenues from transfer fees increased from 354.7 to 462.7 million dollars.
England continued to lead the countries with the largest expenditures in the summer transfer market, with $1.146 billion, far ahead of Italy ($473.8 million), France ($428.9 million) and Germany.
Since October 2010, FIFA has applied the Player Transfer Matching System (TMS) to monitor deals between clubs from different countries. Money and protection of minor players.