Football’s money-go-round is market driven, says Blatter

money go round

By Andrew Warshaw
September 4 – FIFA president Sepp Blatter says FIFA can do nothing to stop spiralling transfer fees following the world record €100 million sale of Gareth Bale to Real Madrid. Meanwhile FIFA TMS (Transfer Matching System), which monitors the movement of players, is reporting $3.4 billion of player sales globally this year (to September 3), a 29% uplift on 2012.

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Spend, spend, spend: English top Europe with record £630m outlay

money bag

By Andrew Warshaw
September 3 – Despite UEFA’s financial fair play regulations, English Premier League clubs spent a record £630 million in the summer transfer window that slammed shut on Monday, according to Deloitte’s Sports Business Group. The new tally easily beat the previous record of £500 million set back in 2008, with clubs able to take advantage of the Premier League’s massive television deal without which spending would have been far lower.

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