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April 17, 2013

Brazilians lead way in international transfer market

National

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April 17, 2013

LONDON: Brazil’s reputation as a source of top football talent was underlined on Tuesday by a report showing that Brazilians were the most heavily traded players on the international transfer market last year.
Clubs spent a total of $2.53 billion on recruiting players from other countries, down 10 percent on the previous year, according to a study by FIFA’s Transfer Matching System (TMS).
It was too early to say whether the global economic crisis or pressure on clubs to curb losses was dampening the market, TMS General Manager Marc Goddard said.
Teams from England, where the Premier League enjoys the world’s most lucrative television deals, were the biggest net spenders, paying out $314 million in 2012.
The next three highest spenders were less predictable — Russia ($256 million), Turkey ($78 million) and China ($49million) .
English teams also paid out the highest fees to middlemen involved in brokering transfers. Where agents were involved in deals, the average commission paid by clubs around the globe was28 percent.
Brazilian clubs were the biggest beneficiaries of transfer spending, reaping $121 million. Brazil have won the World Cup a record five times and the country has a history of exporting top players.
Oscar, who joined Chelsea last July, was one of almost 1,500 players with Brazilian nationality involved in international transfers last year.
Italian clubs paid the highest salaries for new international hires - an average of $720,000 per year.

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