Revealed: Clubs spend €1.2 billion on 10 transfers in 2013

downloadThe biggest 10 transfers of 2013 cost the clubs involved a staggering €1.2 billion, according to new research conducted by Goal.

The Goal Transfer List was compiled to highlight the maximum potential payout for clubs relating to each major transfer over the last 12 months and the results show that spending on elite players has never been higher.

In a year in which the world record transfer fee was broken by Gareth Bale’s move to Real Madrid, the total amount committed to salaries, taxes and additional costs saw six deals break the €100m barrier.

Bale’s deal proved to be the most expensive of all, with Madrid set to pay out a total of €198.8m if the Welshman sees out his six-year contract in the Spanish capital.

The figures were derived from an amalgamation of all foreseeable costs over the course of each player’s contract. Net salary figures were adjusted according to the current tax laws of the applicable country to reach a final gross payable amount.

Signing-on fees and agents’ fees were then included following consultation with sources and experts in each market, as were additional charges such as administration costs. In all cases, where figures are not publicly available, reasonable estimates have been made.

For those transfers which were subject to conditional bonuses, whether payable to the selling club or to the player, those fees were also added in order to reach the maximum potential cost of each player to their new clubs.

The total costs show a continued growth in the spending habits of clubs at the higher end of the game, with the increased levels of cash coming into football being used to keep the transfer market moving forward at a rapid rate.

Graham Shaw, Editorial Director, said: “The Goal Transfer List is an indication of the continued growth in the popularity of football at the elite end of the game.

“Clubs know that signing top players is essential for them to compete for the huge rewards on offer for success in domestic and international competitions.”

The full breakdown of costs for each transfer in the Goal Transfer List is available in our comprehensive slideshow, while there will be a series of features running on Goal relating to the study.

-Goal

ABOUT: Nana Kwesi Coomson

[email protected]

An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.

View all posts by: Nana Kwesi Coomson  

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