Football’s Secret Trade: How the Player Transfer Market was Infiltrated (Bloomberg) Book Description:

A no-holds-barred exposé on the financial transactions of the world’s favourite sport

The transfer fees clubs pay to sign top players now top €4 billion a year but much of the money has been flowing out of the game. A small group of wealthy investors including Russian oligarchs, English racehorse owners and a former billionaire gold miner have seized the opportunity to enter this booming market.

Some have moved in on the territory of banks and lent money to clubs in exchange for a share in fees generated by Cristiano Ronaldo, Neymar and dozens more of today’s stars. Others have acquired obscure teams to get a piece of the pie.

Even as the global financial crisis sent fortunes tumbling this select group found a profitable place to park their money. The size of the transfer market has continued to rise –- it increased seven-fold in value the last two decades, more than the FTSE share index.

Between them, these wealthy investors have amassed hundreds of millions of euros in profits. At the same time, they have managed to stay out of the spotlight the world’s most popular sport brings.

Football’s Secret Trade follows the money along a trail very few know about, from nondescript offices in the U.K. and ramshackle stadiums of South American clubs you have probably never heard of to offshore bank accounts in the Caribbean. Warning – you won’t see a major transfer deal in the same light again. 

Publisher‏:‎Wiley; 1st edition (May 1, 2017)
Language‏:‎English
Hardcover‏:‎232 pages
ISBN-10‏:‎1119145422
ISBN-13‏:‎978-1119145424
Item Weight‏:‎1.03 pounds
Dimensions‏:‎6.2 x 1 x 9 inches

Football’s Secret Trade: How the Player Transfer Market was Infiltrated (Bloomberg)

Price: $27.83

(as of Jan 22,2022 05:26:26 UTC )

 

Affiliate Disclosure:

This post and description may also contain some affiliate links, which means that the post creator may receive a small commission at no extra cost to you if you click on some of the product links and decide to make a purchase. This channel is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com

Copyright Issue:

If you find any of your copyrighted material in this post or video, please contact us, so we can resolve the issue.

© All rights reserved by respective owners.

Price Note:

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on relevant Amazon Site(s), as applicable at the time of purchase will apply to the purchase of this product.

Shipping and Return Policy:

Amazon Books are subject to AMAZON.com Shipping and Return Policy.

————————————–

728 x 90 sadoun ad1

Leave a Reply