Baku. 27 January. REPORT.AZ/ Official amounts spent on players around the world hit US$4.79 billion in 2016, up 14.3 percent in 2016.
Report informs, Channel News Asia stated referring to FIFA’s annual report.
England's Premier League clubs (US$1.37 billion), Germany (US$576 million), Spain (US$508.7 million) and Italy (US$508.5 million) were again the top spenders.
But China's spending more than doubled in a year to US$451 million taking it to fifth place, up from 20th.
UEFA countries accounted for 8,346 of the 14,591 international transfers recorded by the report.