Soccer picks For the first time in a decade, football clubs around the world have spent less money on transfers

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Funds spent by football clubs around the world on transfers last year fell by 23. 4 percent over the previous year. This is shown by FIFA data released on Monday. In 2020, clubs spent a total of 5. 63 billion dollars on new players, while in 2019 the amount was 7, 35 billion, according to the report of the world headquarters. This is the lowest amount since 2016, when transfers totaling $ 4. 6 billion were made. In addition, for the first time in a decade, money from player deals has declined from the previous 12 months. It is not surprising that the limited transfer activity is due to the coronavirus crisis, according to FIFA. Unsurprisingly, most of the transfer costs come from European clubs, although most of them are in financial difficulties due to the suspension of championships and matches in front of empty stands. English clubs prediction by proofed soccer tips again topped the list of expenses with invested 1, 627 billion dollars. Italy is in second place with 731. 5 million dollars, and Spain, Germany and France are next. The club with the highest costs in Europe in 2020 is Chelsea, followed by Manchester United, Manchester City, Barcelona and Juventus. The largest amounts for transfers outside Europe were spent in Brazil and the United States. Spain, on the other hand, tops the list for revenue generated by transfers, with $ 785. 7 million. The number of total transactions worldwide, including loans and free transfers, is also falling for the first time in a decade. In 2020, a total of 17, 077 transactions were made, while in 2019 they were 18, 047. . Transfers for over $ 5 million are only 1. 3 percent of all signed contracts and about 10 percent of those with transfer amounts. In women`s football, the transactions made in 2020 were 1, 035, which is an increase of 23. 7 percent compared to 2019. 87. 6 percent of all transactions, however, are free transfer.

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