International

Soccer transfer spending hits new record

2016-01-21 16:07
Money (File)

Zurich - Transfer spending around the world hit a record $4.18 billion in 2015 and has grown by nearly half in five years, FIFA said Thursday.

With television and sponsorship money rocketing, there were an all-time high 13,558 transfers in 2015, up 3.1% on the previous year, said FIFA's Global Transfer Market report which monitored 6,500 clubs around the world.

Some $4.18 billion in transfers were registered by FIFA, up 2.6% on 2014 and more than 44% higher than 2011 spending.

English Premier League clubs are still the main spenders but China's Super League is showing the biggest growth, the report said.

According to the Deloitte consultancy, English clubs spent $1.2 billion in the summer transfer window last year.

Read more on:    fifa  |  soccer
NEXT ON SPORT24X

 

Read News24’s Comments Policy

Live Video Streaming
  • Blitz
    Mon, 24 Nov 2014 @00:00
  • SS1
    Mon, 24 Nov 2014 @01:00
  • SS2
    Mon, 24 Nov 2014 @02:00
  • SS3
    Mon, 24 Nov 2014 @03:00
Video Highlights
Sport Talk

 
 
Men
Women
Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter

Featured

As the Absa Premiership nears the Christmas break, a little over half the season remains. Who will be crowned champions when all is said and done? Which teams will be relegated? Stay glued to Sport24 to find out!

Latest blogs
Vote

Who was the best summer signing in the EPL?

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.