FIFA: Winter transfers return to the level before the “Covid-19” epidemic

After more than a year of caution, world football has returned to its financial habits: $1.03 billion (902 million euros) was spent in the January transfer window, up 74.7% compared to the January 2021 period in the midst of the health crisis.

For comparison, in 2020 and just before the pandemic, $1.16 billion was spent in January, compared to $1.1 billion in January 2019.

“In men’s football, the transfer market activity has almost returned to pre-pandemic levels,” FIFA said in a statement.

Unsurprisingly, England was the most spender, with its clubs spending 349.5 million dollars (306 million euros) compared to only 75.2 million (65.9 million euros) for the Ligue 1 clubs, for example.

On the other hand, France fared much better in terms of compensation to its clubs during this period due to the sale of players: French clubs received $99.2 million (86.9 million euros) in January, behind English clubs (95 million euros).

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The world football body has also noticed an increase in the number of transfers in women’s football, even exceeding pre-Covid-19 standards. About $487,800 (€427,000) was spent on female players in January, a record that wiped out the previous figure of $310,100 (€272,000) last year.

And the European Union for the game (“UEFA”) announced in a report published last Thursday that the “Covid-19” epidemic cost European football 7 billion euros in two seasons, highlighting a sharp decline in the transfer market for the fiscal years 2019-2020 and 2020-2021.

 

Arab Observer

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