SUBSCRIBE TO OUR NEWSLETTER AND LEARN HOW TO ADVANCE YOUR CAREER IN THE SPORTS INDUSTRY FROM TOP EXECUTIVES
October 25, 2020
The international governing body published a Global Transfer Overview Report regarding the conclusion of the las international transfer window. A snapshot of the activity between June and October and considering the impact of the COVID-19 health crisis, including both male and female players.
According to Emilio García Silvero, FIFA’s Chief Legal and Compliance Officer: “For the first time in the last decade, the number of player transfers declined, while there was also a sharp decrease in the size of the transfer fees paid out by clubs (men’s football). Meanwhile, we are greatly encouraged that, despite the current circumstances, player transfers in women’s football globally slightly increased, both in terms of the number of transfers and fees paid.”
Close to $4,000M was the aggregate amount that circulated during the last summer transfer market window, where out-of-contract players’ deals accounted for 53.2%, loans represented 19.2%, permanent transfers of players from one club to another only 14.7% and 13% of them were return from loans.
Following the report, clubs' spending on transfers was reduced by 25%, meaning €1,598M less, as well as the total number of deals with a decline of 18%. Out of all the continents, Europe led the ranking with a total of 6,097 deals and a global value of €3,211M, being England and Spain the countries with the highest number of registered player transfers with 485 and 439, respectively.
Certainly a transfer window severely affected by the uncertainty of COVID-19 and the effects of the pandemic on clubs’ main revenue streams like broadcasting, sponsorship or matchday revenues. The slow but eventual return of normality in stadiums and sport will determine how clubs financials will allow the market to return to record-breaking figures like the €5.80 billion spending of 2019.
Here you can take a look at the International Transfer Market Snapshot published by FIFA.
This article was written by Xavi Bové from the SBI marketing team. For your information you can contact him at firstname.lastname@example.org
Certificate in Football Player Intermediation
Start Date: September 6, 2021 | Duration : 3 Months
Get the qualification to start or advance your career in the football industry. Learn the business skills to work in football and network with top industry professionals. Request information here.