Spending on international transfer fees nearly tripled in 10 years, FIFA says
CNN
Spending on international transfer fees over the last decade increased from $2.66 billion in 2012 to a peak of $7.35 billion in 2019, while players' agents received $3.5 billion in commissions, a study by world governing body FIFA said.
The study said average transfer fees for players moving to a club in a different country rose steadily between 2012 and 2019 before the COVID-19 pandemic strained finances and led to a drop in 2020, when $5.63 billion was spent. In all, $48.5 billion was spent on international transfers over the past decade with the top 30 spending clubs all based in Europe.
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