European leagues break new spending records

Date:

Paris – Europe’s big five leagues spent a record $4.21 billion in the summer transfer window, according to a study published on Wednesday by FIFA.

The total amount of money spent by clubs in England, Spain, Germany, Italy and France was up 6.6 percent on the $3.95 billion spent in the same transfer window last year.

The English Premier League unsurprisingly contributed more than any other league, but while its 20 clubs spent a combined $1.44 billion, the increase in spending was greatest in Italy, where it was up almost 75 percent.

That was fuelled to a large extent by Cristiano Ronaldo’s 100 million-euro move from Real Madrid to Juventus, while spending by clubs in Spain’s La Liga rose 42.2 percent.

Worldwide, the amount of money spent between June 1 and September 1 hit a record $5.44 billion, as 182 of FIFA’s 211 member associations had their transfer window open.

The results are taken from analysis of FIFA’s own International Transfer Matching System, which registers all completed transfers.

Source: AFP

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

“My girls did not did not perform up to par” Domo Okara laments

Bayelsa Queens head coach, Domo Okara, openly acknowledged that...

Akwa United Appoints Mohammed Babaganaru as New Head Coach to Battle Relegation

Akwa United Football Club has officially announced the appointment...

Enugu Rangers’ Kazeem Ogunleye Credits Partnership with Nweke Kalu for Improved Performance

Enugu Rangers midfielder Kazeem Ogunleye has attributed his impressive...

Trabzonspor’s Uncertainty Over Paul Onuachu’s Future

Trabzonspor are currently facing uncertainty regarding the future of...