PARIS, Jan 14 — The value of football transfers globally in 2021 was the lowest for five years as the coronavirus pandemic took its toll on clubs’ finances for a second year, according to Fifa’s “Global Transfer Report”.
Spending on transfer fees was US$4.86 billion , a fall of 13.6 per cent compared to 2020 and a decrease of 33.8 per cent compared to the record levels of 2019. While the biggest transfer of 2021, Romelu Lukaku’s £97.5 million move from Inter Milan to Chelsea, caught the eye, overall transfer spending fell despite the number of transactions increasing.The top ten transfers alone generated almost 15 per cent of the total spending while the vast majority of moves — nearly 88 per cent — involved free transfers, suggesting cash-strapped clubs were looking for bargains.
“While all clubs needed to freshen up their squads , clubs were not as eager to pay transfer fees,” the report said. French players were the nationality that accounted for the highest amount of spending, with US$643 million dollars, displacing Brazil from the top spot. — AFP
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EPF’s gross investment income up 7.7pc in first nine months of 2021 | Malay MailKUALA LUMPUR, Jan 11 ― Total gross investment income of the Employees Provident Fund (EPF) grew 7.7 per cent year-on-year to RM48.02 billion for the nine months ended September 30, 2021 (9M 2021) from RM44.60 billion in the same period in 2020. Total gross investment income for the third quarter...
Source: malaymail - 🏆 1. / 86 Read more »
Ahmad Maslan: Umno to hold 2021 general assembly in March | Malay MailKUALA LUMPUR, Jan 13 — The 2021 Umno General Assembly will take place for four days beginning March 16, says Umno secretary-general Datuk Seri Ahmad Maslan. He said the Supreme Council meeting chaired by president Datuk Seri Dr Ahmad Zahid Hamidi at Menara Dato Onn, here last night,...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia Derivatives records new trading volumes in 2021 | Malay MailKUALA LUMPUR, Jan 13 — Bursa Malaysia Derivatives Bhd has announced that it has recorded an all-time high in trading volume for 2021, given the continued acceleration in its growth momentum throughout last year. This has resulted in a record of achievements in 2021 for the highest yearly trading...
Source: malaymail - 🏆 1. / 86 Read more »
Chainalysis: NFT market topped US$40b in 2021 | Malay MailNEW YORK, Jan 13 — Still virtually unknown at the beginning of 2021, the market for NFTs has grown tremendously. According to a report from blockchain specialist Chainalysis, US$40.9 billion (RM170 billion) was spent on NFTs last year. The equivalent of US$40.9 billion was spent on non-fungible...
Source: malaymail - 🏆 1. / 86 Read more »
Melaka United settle salary arrears of players, officials for 2021 season | Malay MailMELAKA, Jan 14 — The Melaka United Football Club (MUFC) have settled all outstanding salary arrears owed to their players and officials for the 2021 Super League season today. The club, in a statement today, said this was following the financial and administrative restructuring carried out by the...
Source: malaymail - 🏆 1. / 86 Read more »
MIDA: Malaysia's approved investments in 2021 to surpass 3-year feat | New Straits TimesKUALA LUMPUR: Malaysia is expected to post a strong number for its approved investments for the year 2021, which will be announced on March 8, surpassing the performance of the past three years, said the Malaysian Investment Development Authority (MIDA).
Source: NST_Online - 🏆 17. / 53 Read more »