Football’s annual transfers break $4bn barrier

Football’s world governing body reveal that $4.1 were spent on annual transfers in 2014.

Football’s world governing body Fifa has announced that global annual transfer spending has broken the $4bn mark for the first time.

They’ve revealed in 2014, $4.1bn were spent, including around $90m from Real Madrid for James Rodriguez.

That’s a total increase of 2.1 per cent from 2013.

Source: Al Jazeera