Soccer-Clubs spend $500 million in agents fees - FIFA


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%."

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Football

Soccer-Arsenal's Arteta pays tribute to sacked Spurs boss Frank
Soccer-UEFA and Real Madrid reach deal to end Super League legal battle
Soccer-Frank's dream move ends in nightmare as Spurs pull plug
Soccer-Tottenham Hotspur sack manager Frank with relegation dogfight looming
Soccer-Spain striker Aghehowa in race to be fit for World Cup after knee injury
Soccer-Marseille part ways with coach De Zerbi
Soccer-Former Australia midfielder Blayney plots Japan's path to Asian Cup trophy
Soccer-Tottenham gloom deepens, Man Utd salvage point at West Ham
Soccer-West Ham stalemate a hair-raising result for Manchester United fan
Soccer-Pressure off Newcastle boss but heaped on Spurs’ Thomas Frank

Others Also Read