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English clubs lost big-money on international transfers - reports

Mon 30 August 2021 | 17:00

Between 2011 and 2020, international transfers have had English football teams lose about £5.2 billion, reports have claimed.

During those nine years, a quarter of that amount is found to be for England clubs, with about £9bn spent from a total of £35.3bn, as per reports from

FIFA

.

Manchester City

might have chosen not to sign Cristiano Ronaldo when they had the chance but according to FIFA, the Citizens are the world’s biggest spenders when it comes to international contracts.

Although the report doesn’t want to put a figure on Manchester City’s spending, they were part of 130 incoming international transfers, with 59.2 per cent of them including a fee.

Among the 30 biggest-spending clubs in the world, twelve were from England.

Chelsea

are second as 80 per cent of the 95 international contracts they signed included a fee.

For the fee received during that time, City are 11th-highest, as 44.6 per cent of their 307 outgoing international transfers and loan deals also included a fee.

Benfica

, who cashed in on Ruben Dias in 2020 and send him to City, earned the most fees when it comes to international transfers, with 14 deals of around 100 million US dollars (£72.6m) or more. Angel Di Maria was involved in two of those deals.

FIFA launched its transfer matching system in 2010, and in the winter 2011 transfer window, it was used for the first time.

Solidarity contributions were also found in transfers, with payments of the development of a player, but they have been declined.

FIFA is trying to make a Clearing House, which aims to make certain that the payments are distributed fully and quickly to the clubs and academies that are involved.

Despite solidarity contributions being declined, agents are gaining more fees with £95.3m in 2011 changing to £465.5m in 2019. Agents have earned £2.54bn in commissions over the past few years, with England being responsible for one billion dollars of that amount – 919m.


source: SportMob

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