Al­most $5bn spent in trans­fer win­dow

Business Day - - SPORT - Agency Staff Paris /AFP

In the close-sea­son trans­fer win­dow $4.71bn was spent world­wide, over three-quar­ters of which were from the top-five leagues in Europe, Fifa an­nounced on Thurs­day.

The world-record sign­ing by Paris Saint-Ger­main of Ney­mar from Barcelona for €222m dom­i­nated the head­lines, but many other Europe clubs also broke their trans­fer records.

“Be­tween June 1 and Septem­ber 1, 7,590 in­ter­na­tional trans­fers were com­pleted world­wide,” Fifa said.

“Global spend­ing reached $4.71bn, mean­ing clubs spent al­most as much dur­ing those three months as they had in the whole of 2016 [$4.79 bn].”

PSG also signed teenage sen­sa­tion Kylian Mbappe from Monaco on a sea­son-long loan, with an op­tion to make him the sec­ond-most ex­pen­sive player yet for €180m.

Largely down to PSG, the big­gest in­crease in in­ter­na­tional trans­fer spend­ing was in France, with its clubs spend­ing $604.1m, an in­crease of 250% on the pre­vi­ous Euro­pean sum­mer.

Five-time Euro­pean cham­pi­ons Bay­ern Mu­nich of Ger­many and Spain’s Barcelona also broke their club records, for Corentin Tolisso and Ous­mane Dem­bele re­spec­tively.

Fifa’s re­port read that clubs in Europe’s top five leagues spent $3.67bn, a new trans­fer­win­dow record.

“Once again, clubs from the Big 5 [Eng­land, Spain, France, Ger­many and Italy] took cen­tre stage, com­plet­ing 21.2% of the to­tal in­com­ing trans­fers and spend­ing 77.9% of the to­tal global spend,” foot­ball’s world gov­ern­ing body said.

The coun­try whose clubs spent the most money on play­ers was Eng­land, with $1.4bn, more than dou­ble that of any other coun­try.

The chaotic na­ture of the trans­fer win­dow has trig­gered calls for re­forms of the sys­tem, with English Premier League clubs vot­ing to end their win­dow be­fore the start of the 2018-19 sea­son.

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