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 05:47:55 in HeadlinesThe Duke and Duchess of Cambridge have paid their respects to Australia's war dead on the final day of their tour.
At 05:42:09 in HeadlinesIn the past 10 years, 80 people aged 21 and under have killed themselves in prison - the government has set up a review to find out why so many young people die in custody. One mother explains what it is like to have a child die behind bars.
At 05:06:03 in HeadlinesA US judge has ordered a hearing to consider new evidence relating to the 1987 double-murder conviction of a British businessman in Miami.
At 04:53:55 in HeadlinesIran has cut state subsidies on petrol in a move that saw prices rise at midnight by up to 75%.
At 04:41:10 in HeadlinesUS President Barack Obama is in Seoul for a visit that comes amid concern that North Korea may be planning a fourth nuclear test.
At 04:36:51 in BusinessConsumer prices in Tokyo rose at their fastest pace in 22 years in April, surging 2.7% from a year earlier, according to preliminary data.
At 04:10:36 in BusinessEd Miliband will unveil plans to tackle the "epidemic" of zero-hours contracts in a speech in Scotland later.
At 03:47:29 in HeadlinesBolivia's military chiefs have ordered the dismissal of more than 700 troops who have been protesting to demand better working conditions.
At 03:35:43 in WorldWith the World Cup just six weeks away and the Olympics on the horizon, social dysfunction in Brazil's Rio de Janeiro is subject to increasing international scrutiny.
At 03:28:21 in HeadlinesUK science is to get one of the biggest, most capable polar research vessels in the world.
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 25th Apr 2014]
News In Other Categories
As Liverpool fans dare to dream of a first league title in 24 years the club has revealed its own lofty plans for their ground.
This year is an important one for the Lamont household.
A village museum in East Sussex will go up against Tate Britain and the new £35m Mary Rose Museum in a contest to be named the UK's museum of the year.
Ed Miliband will unveil plans to tackle the "epidemic" of zero-hours contracts in a speech in Scotland later.
Four of the biggest technology firms - Apple, Google, Intel and Adobe - have settled a class action lawsuit alleging they conspired to hold down salaries.
A 15 year-old girl has been cut free after becoming trapped in a children's swing in a park in Denbighshire.