Agency Report

A total of 48.5 billion dollars (about N19.98 trillion) in international transfer fees have been paid in the decade until 2020, football’s world governing body FIFA said on Monday.

FIFA, in coming to this conclusion, analysed 133,225 cross-border transfers and loans between 2011 and 2020.

Ten years ago, 2.85 billion dollars was spent, while the highest annual amount was reached in 2019 with 7.35 billion dollars.