Football transfer numbers and costs in global fall
Published: 6th Jul 2012 07:34:08
International football transfer numbers and and player buying fees have fallen sharply worldwide in the past six months, says governing body Fifa.
Completed player deals fell by 9% in the first six months of 2012, but their total financial value plunged by more than a third, falling by 34%.
Total income from 4,973 transfers around the globe was $576m (£371m).
The drop may be due to continued global economic problems and the forthcoming Uefa financial fair play rules.
The data was revealed by Fifa's Transfer Matching System (TMS) organisation, which uses modern electronic technology with the aim of making international football transfers more transparent and legally compliant.
"We still have to see what happens in July and August, when European transfer windows are open, to see if this [drop] is just a dip or part of a continuing trend," said Isabelle Solal, head of integrity and compliance at Fifa TMS.
"However, if I personally was asked to pick reasons, I would say it is still because of economic recession and the impact of the Uefa financial fair play sanctions.
"Clubs are making an effort to balance their books, but things should be clearer by September," said Ms Solal, speaking to the BBC News website at a World Sports Law Report conference into football player contracts.
The figures refer to international transfers and do not cover "domestic" transfers between two clubs in the same country.
The big five European leagues - England, Germany, France, Italy and Spain - have transfer windows that run from 1 July to 31 August.
And with most of the deals done in the first half of the year taking place during the January transfer windows in Europe, these are the two months when most global trading for the second half of the year will take place.
The financial fair play rules have been introduced by European football's governing body to ensure that clubs only spend cash, including on big-name star signings, from revenues that they have created, rather than througjh borrowing or handouts from rich owners.
The TMS is an online system for registering interntional transfers and has replaced the old set-up of documents based on paper.
In order for for a transfer to be validated, the two clubs involved must enter the relevant information on the deal into the TMS system.
We spend a lot of time trying to help clubs and associations understand the transfer market better”
However, in the first six months of 2012, the amount of fines that Fifa TMS has imposed on clubs for not complying properly with transfer regulations has almost reached the total for the whole of 2011,
"We are much more effective as a compliance department, and despite the number of transfers being down, we are finding more infringements as we grow into our role," said Ms Solal.
"We have a big focus on compliance education," she added. "We spend a lot of time trying to help clubs and associations understand the transfer market better.
"We have the technology that allows the information necessary for each transfer to be accessilbe to both parties, even if they are at other ends of the globe.
"It is great that sport is using the sort of technology that is widely used in business, and it is enabling us to become even more professional in our operations."
At 12:58:39 in EnglandA poem about the killing of PC Keith Blakelock during riots in north London was written by the man accused of his murder, a court has heard.
At 12:58:21 in SportKent have announced a pre-interest and pre-tax profit of £156,778 for the financial year to November 2013.
At 12:56:04 in ScotlandA hamster has been found abandoned inside a plastic play tube in Edinburgh.
At 12:55:09 in BusinessThe sometimes fraught relationship between leaseholders and their freeholders is going to be investigated by the Office of Fair Trading (OFT).
At 12:54:04 in HeadlinesIndia's Supreme Court has ordered the continuing detention of businessman Subrata Roy and asked his firm to come up with a plan to repay its investors.
At 12:53:21 in SportCrystal Palace winger Jason Puncheon has been fined £15,000 by the Football Association and warned about his future conduct for Twitter comments he made in relation to former boss Neil Warnock.
At 12:52:43 in HeadlinesA second witness at the murder trial of South African athlete Oscar Pistorius has told a court in the capital Pretoria she was awoken by the sounds of a fight early on 14 February 2013.
At 12:42:01 in PoliticsThere is a risk that "deliberate provocation" could give rise to a dangerous incident in Ukraine, Foreign Secretary William Hague has warned.
At 12:41:48 in EnglandA residential treatment programme for addicts which closed in Yeovil is to reopen after the charity running it merged with another organisation.
At 12:40:03 in ScotlandPolice Scotland has exceeded its target to recruit 1,000 additional officers.
Harvard CitationBBC News, 2012. Football transfer numbers and costs in global fall [Online] (Updated 6th Jul 2012)
Available at: http://www.ukwirednews.com/news/1438969/Football-transfer-numbers-and-costs-in-global-fall [Accessed 7th Mar 2014]
News In Other Categories
The law needs to be changed to stop ticket touts overcharging fans ahead of the Rugby World Cup, an MP has said.
Apple has unveiled its new iPhone technology for cars at the Geneva Motor Show.
A man in his 40s has been injured during what is believed to have been an attempted armed robbery in County Down.
Kent have announced a pre-interest and pre-tax profit of £156,778 for the financial year to November 2013.
The sometimes fraught relationship between leaseholders and their freeholders is going to be investigated by the Office of Fair Trading (OFT).
A hamster has been found abandoned inside a plastic play tube in Edinburgh.