Fiji Time: 3:13 PM on Saturday 1 October

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 0.64940.6304
JPY 50.608347.6083
GBP 0.37960.3716
EUR 0.44010.4281
NZD 0.68800.6550
AUD 0.65010.6251
USD 0.49600.4790

from

$0.00

Exchange Rate updated on 30th September 2016

Today's Most Read Stories

  1. 7s rep in custody
  2. 7s coach selection
  3. Survivor finds hope amid fear
  4. FLP hits out at suspension
  5. City fights off swarms of termites
  6. Businessman awaits police report
  7. Termites in the city
  8. NFP ready to resolve nation's ills
  9. Work on $30 million project progresses well
  10. Government Whip defends 2013 Constitution

Top Stories this Week

  1. Dire straits Thursday (29 Sep)
  2. Carjack case on to High Court Friday (30 Sep)
  3. Rugby death Tuesday (27 Sep)
  4. Rawaca out Sunday (25 Sep)
  5. Private jets attract attention at Nadi Airport Sunday (25 Sep)
  6. Three Cavuilati, 6 Olympians in Fiji 7s squad Sunday (25 Sep)
  7. Police investigate rugby 7s organiser Monday (26 Sep)
  8. Rawaca boosts program Monday (26 Sep)
  9. Judge convicts pastor in rape trial Monday (26 Sep)
  10. Judoka dies Thursday (29 Sep)