Soccer Transfer Fees Reach Record High

Source: Statista

A new report from FIFA has revealed that global spending on soccer transfer fees increased 5.8 percent to $7.35 billion in 2019, a record level. Clubs around the world completed 18,042 international transfers and 15,463 professional players were involved representing 178 different nationalities. Interestingly, permanent club-to-club transfers only accounted for 11.6 percent of all transfers with loans making up 13.5 percent. As in previous years, the most common transfer type involved players who were out of contract.

Portugal had the largest positive net value of transfer fees in 2019 with a balance of $384 million while England had the largest negative balance at -$549.9 million. João Félix’s move from Benfica to Athletico Madrid was the biggest deal of 2019 at €126 million, followed by Antoine Griezmann’s €120 million transfer from Athletico Madrid to Barcelona.

Soccer Transfer Fee Infographic

USA: The Emerging Soccer Power in the World?

Source: Statista

President of the global soccer organization FIFA, Gianni Infantino, told U.S. President Donald Trump that the “U.S. is on the verge of becoming the soccer power in the world,” according to Forbes.

The comment was made at the World Economic Forum in Davos during the Global Chief Executive Officers dinner.

The U.S. has historically failed to progress in the World Cup in any meaningful way since the tournament’s founding in 1930. As one of the most populous countries possessing some of the best athletes in the world, many have pointed to the U.S.’s lack of interest in the sport compared to powerhouse soccer countries like Germany and Brazil as the reason why the country notoriously trots out an unremarkable international team.

Still, the world rankings conducted by FIFA and Coca-Cola have the U.S. in the top 25 internationally as of December 2019. Could 2022 be the year the U.S. makes a deep run in the World Cup?

FIFA Ranking Infographic