Transfers: "Amounts are based on objective criteria translatable into a statistical model" (CIES)

"In 2019, for the first time ever, football clubs spent more than €10bn on transfer fees. This figure has more than tripled over the past decade in parallel with the increase of club revenues. Contrary to what is often put forward by persons outside the football world, the amounts for transfer indemnities are not irrational. They are fixed by...