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Transfer Fees in Soccer: An Unregulated Industry Looming for Political Intervention
Written by Miguel Santiago
During this summer, I have noticed how much valuable money is just thrown away for someone to kick a ball, “alright don’t take me wrong, I love my sports and the beautiful game that soccer is”, but let’s be honest, why there’s no one to stop this madness of transfer fees going through the roof and come to their senses that our world would benefit more in programs that could help us involved with our environment and society for a better way of life and do something good that could prevail through our times.
The Transfer Fees
Residing within the heart of the beautiful game of football are transfer fees, a significant component possessing the ability to influence teams’ fortunes and determine the direction of the sport. Understanding the absence of political intervention and exploring possible strategies for change in the future can be insightful.
To comprehend the monster that transfer fees have become, we must delve into its origin. Initially, transfer fees were a compensation means for teams losing their players. Over time, these costs ballooned. Football moved from just a sport to a multi-billion dollar business where players are assets and clubs are investment opportunities. However, these inflated figures often lack regulatory oversight, creating an area requiring attention.