FILE PHOTO: FIFA's logo is seen in front of its headquarters during a foggy autumn day in Zurich, Switzerland November 18, 2020. REUTERS/Arnd Wiegmann
MANCHESTER, England (Reuters) - Soccer clubs spent $500.8 million in fees to agents in 2020, more than in the previous year, despite a drop in spending on transfers, FIFA said in a report published on Wednesday.
FIFA said that club spending on transfer fees shrank for the second year in a row, due to the impact of the COVID-19 pandemic, but that "this decrease did not carry over to spending on intermediary service fees, which remained on the same level as in 2020 and even slightly increased by 0.7%."
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