Previous
United States
Jamaica
1:30 AM UTC Jul 27, 2017
Game Details
Barcelona
Manchester United
ESPN3 11:30 PM UTC
Game Details
Paris Saint-Germain
Juventus
ESPN3 1:05 AM UTC Jul 27, 2017
Game Details
Manchester City
Real Madrid
ESPN3 3:35 AM UTC Jul 27, 2017
Game Details
Philadelphia Union
Columbus Crew SC
11:30 PM UTC
Game Details
Nice
Ajax Amsterdam
6:45 PM UTC
Leg 1
Game Details
Celtic
Rosenborg
6:45 PM UTC
Leg 1
Game Details
Next

Trending: Madrid, City battle for Mbappe

Latest
Read

Everton can't make the top four

Everton
Read

Dynamos seek revenge at FC Platinum

Zimbabwe Premier League
Read

Global transfer spending falls by a third

Worldwide transfer spending fell by more than one-third in the first six months of the year, FIFA's mid-year review of the international market has revealed.

The downturn, caused by the global financial crisis and - to a far smaller degree - the impact of UEFA's Financial Fair Play regulations, has seen a fall in total payments between clubs in transfer and loan fees of $294 million (£190 million) to $576 million, a decrease of 34% on the same period last year.

"This could suggest that the effects of the global recession - for instance, distressed corporate sponsors, restrictive bank lending policies and reduced overdraft facilities for clubs - are being felt in the international football transfer market," the document says.

"A further factor may be the high concentration of wealth in a relatively small number of associations; any reduction in spending in those few associations could have a disproportionately high impact on aggregate transfer fees worldwide.

"Finally, given the share of the European transfer market, the efforts of those clubs to bring themselves in line with the UEFA Financial Fair Play Regulations before the onset of sanctions for indebted clubs may contribute to a fall-off in transfer compensation rates."

The data showed that the biggest-spending country in the first six months was Russia, where $64.39 million was lavished on transfers. English clubs invested $55.43 million but brought in $58.83 million through sales.

A total of 4,973 transfers were completed during the time being analysed. There were 708 involving Brazilian clubs – the highest total – with English clubs involved in the second-highest number (326).

Comments

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment, and may be used on ESPN's media platforms. Learn more.