Value of football transfers hit 5-year low in 2021: FIFA | The Guardian Nigeria News - Nigeria and World News

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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'.

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".

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”. 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 percent of the total spending while the vast majority of moves — nearly 88 percent — involved free transfers, suggesting cash-strapped clubs were looking for bargains.

 

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