|Issue number 283 of the CIES Football Observatory Weekly Post presents the financial balance for transfers carried out by clubs worldwide during the last two transfer windows. Real Madrid recorded the most negative balance (- €181 million) ahead of Aston Villa (- €169 m) and Barcelona (- €166 m). At the opposite end of the table are Chelsea (+ €205 m), Benfica (+ €167) and Ajax (+ €137 m).
The seven fee paying transfers concluded by Real Madrid during the summer 2019 and winter 2020 transfer windows had a total estimated cost of €330 m (add-ons included). During the same period, the incomes generated by the Spanish team for the release of seven other players were €149 m.
On its side, Chelsea earned €250 by transferring 16 footballers, while it only spent €45 m to reinforce its squad (Mateo Kovačić).
At the level of the five major European leagues, the net balance for transfer operations range from – €844 million for the English Premier League and + €106 m for the French Ligue 1.
Negative balances were also recorded in the Spanish Liga (- € 418 m), the Italian Serie A (- € 407 m) and the German Bundesliga (- € 263 m).
About the CIES Football Observatory
The CIES Football Observatory is a research group within the International Centre for Sports Studies (CIES). Created in 2005 by Dr. Raffaele Poli and Dr. Loïc Ravenel, the CIES Football Observatory currently comprises a staff of four full-time permanent researchers who specialise in the statistical analysis of football. Click here for more information.
About the CIES
The International Centre for Sports Studies (CIES) is an independent study centre located in Neuchâtel, Switzerland. It was created in 1995 as a joint venture between the Fédération Internationale de Football Association (FIFA), the University of Neuchâtel, the City and State of Neuchatel. Click here for more information. Click here for more information.
CIES – Centre International d’Étude du Sport