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Tuesday, January 25, 2022

The transfer market collapses: more transfers, but less money in revealing FIFA report

More operations but less money in circulation: the number of transfers in men’s professional football increased slightly in 2021 but its financial value is at its lowest point for five years, in the current context of the coronavirus pandemic. COVID-19, indicates a report from the FIFA Posted this Friday. The International Federation counted some 18,000 international movements last year, a figure close to the record -reached in 2019- and 5.1% higher than in 2020, the year of the coronavirus outbreak.

The sums in those movements fell for the second consecutive year. Total expenses in this regard reached nearly 4.9 billion dollars (4.2 billion euros), “in a drop of 13.6% compared to 2020 and 33.8% compared to the record level of 2019.”

“Even though clubs have needed to renew their squads…they were not as inclined to pay transfer fees, which led to a total global number of transfers in 2021 reaching its lowest level in five years”, can be read in the ‘Global Transfer Report’.

As usual, the vast majority of club changes were made without transfer compensation (87.7%). In other words, only 12.3% of the player movements indicated by FIFA (2,230) gave rise to a financial transaction.

In these payment transfers, the average cost fell significantly in 2021, falling to 300,000 dollars (262,000 euros), figures that are reminiscent of those of a decade ago. The ten largest transfers alone represent 15% of the transaction amounts.

The transfer of the Belgian attacker Romelu Lukaku, from the Italian Inter Milan to the English Chelsea for 115 million euros (131 million dollars) according to the press, is the most expensive registered in 2021 by FIFA (which does not confirm any figure in this regard) , ahead of the transfer of the Englishman Jadon Sancho (from Borussia Dortmund to Manchester United) and the case of the Moroccan Achraf Hakimi (from Inter Milan to Paris Saint-Germain).

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