Clubs in Europe’s top five member associations — England, Spain, Germany, Italy, and France — accounted for 71.8% of fees spent globally during the 2020 January transfer window, world soccer governing body FIFA said on Wednesday.
A record 170 countries had the window open last month, with a total of 4,108 international transfers being completed.
Although clubs from the ‘Big Five’ accounted for only 14.1% of the total number of transfers, the fees that exchanged hands were 71.8% of the global spend.
Clubs in England spent $298.2 million in transfers — the highest in the world — followed by Germany ($206.1 million) and Italy ($126.7 million). The top-flight leagues were responsible for 93.1% of the spending on international transfers.
Some of the high profile moves included Bruno Fernandes’ move from Sporting Lisbon to Manchester United for an initial fee of 55 million euros ($60.01 million) while Borussia Dortmund signed young striker Erling Haaland from Red Bull Salzburg.
In all, the Big Five spent $824.6 million in January — second only to the 2018 January window when they spent $1.01 billion in total.
“Spending by clubs of the Big Five leagues seems to continue on the general growth path of the past years, playing a central role in the global transfer market,” FIFA’s chief legal officer Emilio Garcia said in a statement.
“It is FIFA’s duty to carefully monitor and report on those activities, providing greater transparency to the transfer system.”
📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines