Soccer transfer spending hits new record

Money (File)
Money (File)

Zurich - Transfer spending around the world hit a record $4.18 billion in 2015 and has grown by nearly half in five years, FIFA said Thursday.

With television and sponsorship money rocketing, there were an all-time high 13,558 transfers in 2015, up 3.1% on the previous year, said FIFA's Global Transfer Market report which monitored 6,500 clubs around the world.

Some $4.18 billion in transfers were registered by FIFA, up 2.6% on 2014 and more than 44% higher than 2011 spending.

English Premier League clubs are still the main spenders but China's Super League is showing the biggest growth, the report said.

According to the Deloitte consultancy, English clubs spent $1.2 billion in the summer transfer window last year.

Voting Booth
What is your favourite sport to watch on TV?
Please select an option Oops! Something went wrong, please try again later.
Results
Rugby
46% - 4103 votes
Cricket
11% - 1015 votes
Football
18% - 1624 votes
Athletics
2% - 184 votes
Boxing
1% - 78 votes
Cycling
2% - 185 votes
Golf
5% - 452 votes
Motorsport
8% - 698 votes
Tennis
3% - 291 votes
Water sports
1% - 68 votes
American sports
1% - 69 votes
MMA / WWE / UFC
3% - 236 votes
Vote