Dialogos

The Dark Economy of Football: €10 Billion in Transfers with Many Loopholes and a Bubble Ready to Burst!

Published January 5, 2026, 15:01
The Dark Economy of Football: €10 Billion in Transfers with Many Loopholes and a Bubble Ready to Burst!

Global football is experiencing an unprecedented economic boom, with transfers reaching €10 billion. However, behind the impressive transfers lie opaque practices, hidden costs, and financial pressures that create a sense of instability. The article refers to a complex network of agents, lawyers, and other stakeholders who benefit from transfers, increasing costs and reducing club revenues. Additionally, it highlights the growing dependence of clubs on borrowing and other forms of financing, making them vulnerable to economic crises. This situation creates a bubble that threatens to burst, with potential consequences for the financial sustainability of clubs and the integrity of the sport. The article raises the question of whether clubs can continue to risk such large sums without jeopardizing their future. Overall, the article presents a critical look at the economic reality of football, revealing the dark sides and challenges faced by clubs.