Expert warns of financial vulnerability as transfer spending hits record level
16 September 2019
Spending by "Big Five" leagues increased more than fourfold over the last decade.
CIES Football Observatory highlights that the big increase in transfer spending is putting pressure on a lot of clubs.
As 2019 became a record year with the clubs of the "Big Five" leagues splashing out £5.9 billion on transfers, the co-founder of CIES Football Observatory, Dr Raffaele Poli, warns of increased financial vulnerability for the vast majority of clubs.
Dr Poli and his colleagues at the CIES Football Observatory in Switzerland have analysed the transfer market since 2005. He believes that the large increases in transfer prices over the last ten years is creating an unhealthy incentive to base the financial health of clubs on player sales due to the large sums being paid.
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