Coronavirus pandemic sees January transfer spending in football plummet nearly 50 percent

Spending on transfers during the January window fell from $1.16 billion in 2020 to $590 million in 2021, the lowest sum since 2014.

Agence France-Presse February 18, 2021 00:25:43 IST
Coronavirus pandemic sees January transfer spending in football plummet nearly 50 percent

Amad Diallo's move from Atalanta to Manchester United for a reported £37 million was the highest fee paid during the 2021 January transfer window. AFP

Lausanne: The economic impact of the coronavirus pandemic saw the global outlay on transfer fees during the January window almost half compared to last year, FIFA said on Wednesday.

Spending fell from $1.16 billion in 2020 to $590 million in 2021, the lowest sum since 2014.

Clubs have had to cope with lost matchday revenue from games behind closed doors due to COVID-19 restrictions, as well as rebates to television broadcasters and a tough commercial sponsorship market.

Amad Diallo's move from Atalanta to Manchester United for a reported £37 million ($51.5 million) was the highest fee paid.

Women's football bucked the trend with the amount spent on transfer fees up from $194,000 to $310,000 but they remain a tiny fraction of the money spent on player moves in the men's game.

 

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