Total turnover in the top five European football leagues (German, Spanish, English, Italian and French championships, aka 'Big 5') amounted to a record EUR 6,622 million in 2019, according to the latest financial analysis of the Football Observatory – CIES to the European transfer market between 2010 and 2019, released on Wednesday, September 4.
This figure includes the total turnover of the winter (mid-season) and summer (after-season) transfer windows and, compared with the previous record of 2017, represents a 10% growth. Two years ago the record set was 6.064 million euros.
In 2019, the so-called winter market totaled 835 million euros and the summer market, which ended on September 2, totaled 5,787 million euros. Moreover, "in ten years, investments in transfers made by Big 5 clubs have grown more than fourfold."
Alongside the new record, the CIES study indicates that among the top five leagues, three also set new records for their total athlete transfer turnover: Spain's La Liga generated a total of 1,503 million; Italian Serie A generated 1,500 million euros; and the German Bundesliga 880 million.
The Spanish championship is largely responsible for raising the bar in terms of turnover. It is no coincidence that the three clubs that contributed the most by investing in signings are Spanish, namely Atletico Madrid (329 million), Real de Madrid (324 million) and Barcelona (256 million).
The figures reflect not only “a cyclical need for cast renewal, but also a considerable financial availability linked to the establishment of the Spanish league as the second most powerful league on the planet, behind the [inglesa] Premier League, ”according to the CIES study.
Although it has not set a new record, the English championship remains the highest in turnover. In 2019, the main echelon of English football generated € 1,908 million in accumulated transfer windows. The British record of more than two billion euros, set in 2017, remains unbeatable.