Fiji Time: 6:39 AM on Wednesday 24 May

Fiji Times Logo

/ Front page / Sport

Five clubs dominate $F6.9b FIFA transfers

Ap
Friday, January 31, 2014

GENEVA - Just five football clubs spent almost a quarter of the $US3.7billion ($F6.9billion) splurged on international transfer deals processed by FIFA in 2013.

Monaco, Paris Saint-Germain, Manchester City, Tottenham and Real Madrid spent $US828million ($F1.5billion) in cross-border trades, according to figures published yesterday by FIFA, which clears such deals only when both clubs involved file mandatory financial details.

The market peaked with Madrid's record 100 million euros ($A157million) ($F258million) buy of Gareth Bale from Tottenham in August.

"There are just a very few clubs making very big moves and that is skewing the market, but the rest of the market is very stable," FIFA Transfer Matching System (TMS) general manager Mark Goddard told reporters.

Global spending rose 41 per cent year-on-year according to the annual TMS report, which excludes deals between two clubs in the same country.

FIFA cited three main reasons for the spending rise: so-called "super-clubs", the English Premier League's spiralling broadcast rights value and high turnover of coaches at leading clubs.

Monaco's lavish spending — including on Colombia forward Radamel Falcao — followed a takeover by Russian billionaire Dmitry Rybolovlev, while PSG and Man City are backed by the Qatar and Abu Dhabi ruling families, respectively.

Tottenham reinvested after selling Wales winger Bale, while Madrid's commercial income of $US703 million last season led all clubs for a ninth year.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.65480.6358
JPY 54.612351.6123
GBP 0.37200.3640
EUR 0.43160.4196
NZD 0.70020.6672
AUD 0.65190.6269
USD 0.48720.4702

from

$0.00

Exchange Rate updated on 23rd, May, 2017

Today's Most Read Stories

  1. Debate over article
  2. Toorak youths distraught over lost jerseys
  3. Students forced to walk home
  4. World urged to unite if US leaves
  5. Sevens best
  6. Five acquitted of manslaughter
  7. Interpol query
  8. Kubuabola: Force has manpower to combat riots
  9. Man, 70, hit by car at crossing
  10. Bail for youth on defilement charge

Top Stories this Week

  1. Parents watch son fulfill rugby dream Thursday (18 May)
  2. Fijian barber experience for Crusaders players Thursday (18 May)
  3. A-G sounds warning Sunday (21 May)
  4. 200 illegally in Fiji Thursday (18 May)
  5. Work cut out Monday (22 May)
  6. Qoro on Pleass board Monday (22 May)
  7. $5b in debt Wednesday (17 May)
  8. 'Past politicians' did not fix roads Saturday (20 May)
  9. Ratu Naiqama set to return as MP Friday (19 May)
  10. PM seeks China's help Thursday (18 May)