Dat

a31/
01/
23:
Ci
tyFoot
bal
lGr
oup

MARKETSUMMARY
Numberoff
ull
seasonsasamemberofCFG andmar
ketbehavi
our
.

SEASONS* BALANCE PLAYERS TRANSFERS(

€)
I
N 109 €2,
351.
17M
15 (
€1,
329.
45M)
OUT 91 €1,
021.
72M
15 €45.
80M
2
I
N
(
€35.
80M)
OUT 1 €10.
00M
I
N 17 €37.
01M
8 (
€27.
70M)
OUT 9 €9.
31M
I
N 13 €20.
91M
3 (
€12.
33M)
OUT 5 €8.
58M
I
N 8 €10.
66M
6 (
€0.
55M)
OUT 8 €10.
10M
I
N 2 €0.
49M
8 (
€0.
49M)
OUT 0 €0.
00M
I
N 3 €0.
46M
3 (
€0.
23M)
OUT 1 €0.
23M
I
N 1 €0.
12M
3 (
€0.
12M)
OUT 0 €0.
00M
I
N 9 €8.
89M
8 €3.
23M
OUT 9 €12.
12M
I
N 12 €30.
65M
6 €8.
90M
OUT 13 €39.
55M

Foralltheseasonsregistered,onlyGir ona&YokohamaMar i
noshaveaposi t
ive
balancewhencompar ingt ransferfeesf r
om playersarri
vinganddeparti
ng.The
spanishclubisthesecondt eam withthehighestincomegener at
edandcurrentl
y
competesi ntheSpanishf i
rstdivi
si
onaf t
erbeingacqui r
edbyt heCFG whileon
seconddi vi
si
on.
Troyessigned14player sonaf ee,maki ngthem the3r dteam ofthegr
oupwi t
hthe
hi
ghestnumberofpl ayerssi gned,injust2f ul
lseasonswi t
htheCFG.
NYCFC,oneoft heteamswi t
hmor efullseasonspl ayedforCFG,hasonl ygenerat
ed
€9,300,000onsales.

*Numberof'SeasonwithTr
ansfer
s'consi
der
ed/NoloansIncl
uded
CFG Team:Palermo,noti
ncl
uded/ManCi tydat
aIncl
udesManCi t
yU23
 Ci
tyFoot
bal
lGr
oup-Fees

PLAYERTRANSFERS
I
ncomeandspendi
ngonpl
ayer
'st
ransf
erst
oandf
rom Ci
t
yFoot
bal
l
Groupt
eams.

€1,
021.
7M €9.
3M €39.
6M €10.
0M €12.
1M €10.
1M €0.
2M €0.
0M €8.
6M €0.
0M

€2,
351.
2M €37.
0M €30.
7M €45.
8M €8.
9M €10.
7M €0.
5M €0.
5M €20.
9M €0.
1M

€1111.
6M €2506.
1M
TOTALINCOMEON TOTALSPENDING ON
PLAYERS'TRANSFERS PLAYERS'SI
GNINGS

€74.
1M €167.
1M
AVERAGEINCOME AVERAGESPENDING
PERSEASON PERSEASON

€300,
000,
000 €326,
975,
000.
00
€230,
695,
000
ar €M)
s(

€200,
000,
000
l l
onsDol

€100,
000,
000
l
Mi

€0
9

10

11

12

13

14

15

16

17

18

19

20

21

22

23
8/

9/

10/

11/

12/

13/

14/

15/

16/

17/

18/

19/

20/

21/

22/

Throughoutther ecordedseasons,CFG businessshowssigni

fi
cantl
ymore
i
nteresti
nsigningpl ayersrat
hert
hansel l
i
ng.Theyonlybroughti
nmor emoney
t
hant heyspenti njusttwoseason:19/20&22/ 23.Thi
sseemslogicalast
heCFG
acquir
ednewcl ubsandi nvest
edinrebuil
ti
ngsquadsandpositi
oningmanyofi
ts
t
eamsast hebesti ntheirr
espect
iveleagues.

*Onl
yar
ri
val
swi
thafee/NoloansI
ncl
uded
ManCi
t
ydataI
ncl
udesManCit
yU23
Ci
tyFoot
bal
lGr
oup-Ar
rival
s&Depar
tur
es

PLAYERTRANSFERS
Numberofar
rival
sanddepar
tur
est
oandf
rom Ci
t
yFoot
bal
lGr
oup
t
eams.

91 9 13 1 9 8 1 0 5 0

109 17 12 15 9 8 3 2 13 1

189 137
NUMBEROF NUMBEROF
PLAYERSI
N PLAYERSOUT

13 9
AVG PLAYERSI
N AVG PLAYERSOUT
PERSEASON PERSEASON

26
25 22
s

20
ayer

20 18
NumberofPl

15 15 19 19
15 13 16 15 18
10
10 8 13 12
7 7
5 5 5 5
55 6
5 5 2
5 4 1
0
9

10

11

12

13

14

15

16

17

18

19

20

21

22

23
8/

9/

10/

11/

12/

13/

14/

15/

16/

17/

18/

19/

20/

21/

22/

Somet hingsimi
l
arhappenswi
ththenumberofplayerssi
gnedandsoldbyt he
dif
ferentcl
ubs.CFG t
endtoaddmorethantheysell
,duetonothavingt
heur gency
ofselli
ngplayer
sinmanycases.Onl
ytwicetheysoldmoreplayer
sthantheysigned
(18/19&22/ 23)
.

*Onl
yar
ri
val
swi
thafee/NoloansI
ncl
uded
ManCi
t
ydataI
ncl
udesManCit
yU23
Ci
tyFoot
bal
lGr
oup-Fr
om LocalLeagues

ARRI
VALS
Numberofsi
gni
ngsf
rom al
ocal
leaguet
eam.

SEASONS* PLAYERSSI
GNEDFROM LOCALLEAGUE(
%)

3 0.
00% I 0Domest
i
cfr
om 13

8 0.
00% I 0Domest
i
cfr
om 2

8 11.
76% I 2Domest
i
cfr
om 17

8 22.
22% I 2Domest
i
cfr
om 9

15 37.
27% I 28Domest
i
cfr
om 109

2 40.
00% I 6Domest
i
cfr
om 15

6 50.
00% I 6Domest
i
cfr
om 12

6 50.
00% I 4Domest
i
cfr
om 8

3 100.
00% I 1Domest
i
cfr
om 1

3 100.
00% I 3Domest
i
cfr
om 3

Thr oughouttheirseasons,CFG havescout edandsi gnedmany

playersfrom alloverthewor l
d.Wheni tcomest osearchingfor
talentinthei
rlocalleagues,CFG teamshavedi f
fer
entstrat
egies.
Newel yaddedt eam Lommel SK,hasyett osignapl ayerfr
om a
Bel gui
ml eague,whi l
eatGi r
onaandCi t
yTorque,twot eams
compet inginthehi ghestt
ieroft
heircountr
ies,50% ofplayers
signedcomef rom theirl
ocall
eague.

Ni
col
asSi
ri
,si
gnedbyCi
t
yTor
quef
rom Danubi
oFC.

*Numberof'
SeasonwithTr
ansf
ers'
consi
dered/Onlyarr
ival
swi
t
haf
ee
ManCit
ydataI
ncludesManCit
yU23/Nol oansIncl
uded
Ci
tyFoot
bal
lGr
oup

MARKETVALUECHANGE
I
nwhatpercentagedi
dtheirmarketval
uei
ncr
ease/
decr
easesi
nce
acqui
redbytheCit
yFootball
Group?
SEASONS* TEAM vsLEAGUEAVG MARKETVALUECHANGE

15 185% 343%

3 -
16% 138%

6 -
3% 106%

6 6% 43%

10 11% 19%

4 -
6% 12%

9 9% 124%

3 -
15% -
9%

9 -
28% -
21%

4 N/
A

CFG hasbeenacqui ri
ngfootballt
eamssi nce13/ 14seasonandr eval
uati
ngtheir
squads.Thegraphshowst heclub'
ssquadr evaluat
i
oncompar edtotheleague
average,t
oanalyzehowmuchi tmarketvaluechangedsi ncebei ngacquir
edbyt he
CFG.
Inmostcases,CFG teamshavei mprovedt heiraveragemar ketvaluebett
erthanthei
r
l
eaguecompet i
tors.ManchesterCityteam incresedtheirsquadvalueby343% si nce
08/09season,whilePremierLeaguet eamsdi dso,onaver age,byabout185%.NYCFC
squadcouldnotcatchupwi t
hthe124% boostt hatMLSt eamshadonaver age.

*NumberofSeasonPlayedconsi
der
ed
ManCit
ydataforFi
rstTeam
 Ci
tyFoot
bal
lGr
oup-Tr
ansf
ers

RUNNI
NG SPENDI
NG
Ccumulat
i
vespendi
ngperseasonf
orCi
t
yFoot
bal
lGr
oup.Sal
esand
Si
gnings

-
2000M

4M)

5M)
3M)

431.
0M)

394.
5M)

1M)

346.
232.

$1,
$)

217.

216.

$1,
$1,
s(

-
1500M

(
$1,
6M)

(
er

$1,

$1,

(
ansf

4M)

(
$990.

(
ngSum ofTr

$809.
3M)
8M)

(
-
1000M
$655.
3M)

(
6M)

$581.
5M)

$475.
$457.

(
1M)

$394.
Runni

(
9M)

$246.

(
(

-
500M
(
$130.

(
(

0M
9

10

11

12

13

14

15

16

17

18

19

20

21

22

23
8/

9/

10/

11/

12/

13/

14/

15/

16/

17/

18/

19/

20/

21/

22/
Theaccumul at
edexpensesr ef
erst
ot hesum oft
hebalance( sales-purchases)
seasonbyseason.Thus,ifinthe08/09seasonCFG balancewas- €130,900,000,i
fi
n
thefol
lowingseasonCFG invest
edmor eonsigni
ngsthani nsales,thei
rbalancerai
ses.
Forover15seasons,only3t i
mes(16/17,19/
20&22/23)t heCi t
yFoot bal
lGroup
regi
steredahigheri
ncomet hanexpenseswhenitcomest otransferfees.

Bi
gsalesforCGF:
Sane,Robinho,Dani
l
o&Tor
res.

ManCi
tydataIncl
udesManCi
t
yU23
Nol
oansIncl
uded
u23
Ci
tyFoot
bal
lGr
oup-Tal
entDevel
opmentCl
ubs

ARRI
VALS
Numberofpl
ayer
ssi
gnedf
orCFG Tal
entDevel
opmentCl
ubs.

u23

$50.
00M

$40.
00M

al
€)

000Tot
erFee(

57M Avg.
s
$30.
00M

ayer
al

14Pl
040,
ansf

000Tot
21M Avg.

€3.
s
al

€50,
Tr

ayer
al

$20.
00M
al

000Tot
59M Avg.

000Tot
000Tot
83M Avg.

16M Avg.

683,
8Pl
s

s
s

ayer

ayer
ayer

€4.
€33,
343,
9Pl

10Pl
559,
3Pl
475,

$10.
00M
€2.
€0.

€2.
€23,

€21,
€2,

$0.
00M
17/
18 18/
19 19/
20 20/
21 21/
22

Thenumberofpl ayerssignedfortheset eams

i
ncr easedyearaf t
eryear.Inthe2017/ 18season,
theCFG Tal entDevel opmentTeamshadonl y
i
nvest ed€2,500,000int r
ansfer
s,whi l
e5year slat
er,
withmor eclubswi t
hintheirpor
tfol
i
o,thei nvest
ment
reached€50, 000,000.However ,21/22season
showsadecr easeonaver agefeepaidforeach
playersignedincompar i
sonwith20/21season.

Mor
eno&Kayky,mostexpensi
vesi
gni
ngs.

Onl
yar
ri
val
swi
t
hat
ransf
erf
ee/Nol
oansI
ncl
uded.
Ci
tyFoot
bal
lGr
oup -Mar
ketReval
uat
ion

PERFORMANCEBYCLUB
Howmuchdi
deacht
eam capi
t
ali
zet
hei
rsi
gni
ngsaf
tert
hei
rfi
rstyear
?

Tr
ansfer Avg.Fee Pl
ayerRevaluat
ion
Cl
ub Pl
ayer
s(#) Af
ter1stYear
Fee perPl
ayer

NYCFC 12 €33.
10M €2.
76M 46.
6%

ESTAC 7.
7%
8 €20.
80M €2.
60M
Tr
oyes

Cit
y
8 €10.
66M €1.
33M -
4.8%
Torque

Gi
rona 7 €16.
85M €2.
41M -
16.
6%

ManCi
t
y
9 €49.
70M €5.
52M -
27.
8%
U23

Inthissect
ion,playermar ketvalueisconsi deredatthet i
meofsigningwitha
CFG t eam unt
iloneyearaf ter
,toanalyzet heirmar ketperf
ormance.
NYCFCwast hecl ubthatsucceededt hemosti nempower i
ngi
tsplayerssigned
aft
eroneyearatt heclub,achievingsurprisingresult
s.Ofthe12pur chases
made,9i ncreasedt heirmarketvalue.Gironamanagedsomet hi
ngsi mil
ar.The
caseofManchest erCityU23wasdi ff
erent,ast heywer enotabl
etoi mprovethe
mar ketval
ueoft heirnewr ecr
uit
s.

Cont
e,Biancone,Kouame&Balde.
Tr
oyes'
playersthatgai
nedmar
ketval
ue.

Dat
afr
om 17/18to21/
22.
Onl
yarr
ival
swithatr
ansf
erf
ee/Nol
oansI
ncl
uded.
Ci
tyFoot
bal
lGr
oup-Mar
ketReval
uat
ion

PERFORMANCEBYCLUB
Howmanypl ayer
sincreased/
mantai
ned/
decreasedt
hei
rmar
ket
val
ue,oneyearaft
erbeingsi
gnedbyaCFG team?

u23

5 5
4 4 4
3 3 3
2
1 1

+ - + - + - + = - + = -

NYCFCwasal sot heclubthatsi

gnedt hehighestnumberofpl ayer sandi ncr
eased
theirmarketval uet hemost.Thelistofnineplayersincludes:Per ei
ra,Acevedo,
Mar ti
ns,Andr ade,Magno,Amundsen,Mi tr
it
a,Cast el
lanos&Par ks.Ont heot her
hand,Manchest erCity'
ssecondteam didnotachi evethesamer esultdespit
etheir
heavyi nvestmenti npr omi
singyoungpl ayers.SpecialnotetoGi rona,thathave
signed8pl ayersandonl yoneofthem hasdecr easedhi smarketval ueafterhisfi
rst
yearwi t
ht heclub.

Mart
i
ns,Per
eir
a,Amundsen,Cast
ell
anos&
Andr
adeatl
eastdoubl
edthei
rmarketval
ue.

Dat
afr
om 17/18to21/
22.
Onl
yarr
ival
swithatr
ansf
erf
ee/Nol
oansI
ncl
uded.
Ci
tyFoot
bal
lGr
oup-Mar
ketReval
uat
ion

PERFORMANCEBYPOSI
TION
Per
cent
agechangeofmar
ketval
uef
orpl
ayer
ssi
gnedatt
heset
eams
bypl
ayi
ngposi
ti
on.

Tr
ansfer Avg.Fee Pl
ayerRevaluat
ion
Posi
ti
on #Pl
ayer
s
Fee perPl
ayer Af
ter1stYear

Out
sideBack 6 €14.
21M €2.
37M 39.
2%

Cent
erBacks 6 €10.
92M €1.
82M 37.
2%

For
war
ds 9 €24.
99M €2.
50M 27.
3%

Mi
dfi
elder
s 7 €12.
30M €1.
76M -
8.2%

Wi
nger
s 13 €62.
58M €4.
81M -
9.2%

Of
fensi
veMi
ds 2 €6.
10M €3.
05M -
75.
0%

SPENDI
NG BYPOSI
TION
Thecl ubsobt ainedvar yi
ngr esult
sin
€25.
13M
DEF i
mpr ovingthei rplayer sdepending
€14.
10M
MI
D onthei rposit
ionont hef i
eld.The
mostr ecruit
edposi ti
onswer e
wingers,mi dfi
elder s,andf orwards,
t
hel att
erbei ngt heonl yoneswho
wereabl etoaddval uet otheir
marketval ueaf terthef ir
styearat
t
hecl ub.Sur prisingly,defendershad
€91.
88M ahighermar ketr evaluationthan
FWD f
orwar ds.

Dat
afrom 17/18to21/22/Onlyar
ri
val
swi
thatr
ansferf
ee.
Gi
rona,Torque,Troyes,NYCFC,ManCu23/NoloansIncl
uded.
Ci
tyFoot
bal
lGr
oup-Mar
ketReval
uat
ion

PERFORMANCEBYAGEGROUP
Per
cent
agechangeofmar
ketval
uef
orpl
ayer
ssi
gnedatt
heset
eams
byagegroup.

Age Avg.Feeper Pl
ayerRevaluat
ion
#Pl
ayer
s Tr
ansf
erFee
Group Player Af
ter1stYear

20t
o22 9 €17.
60M €1.
96M 78.
6%

23t
o25 12 €26.
51M €2.
21M 24.
5%

26+ 9 €19.
98M €2.
22M -
13.
1%

Teen 16 €68.
33M €4.
27M -
17.
9%

Inter
msofage,Ci tyFoot
bal
lGroupTal
entDevelopmentTeamsi ncor
porat
eprimari
l
y
youngplayers.Theysi
gnedninepl
ayer
sundertheageof23,whom t heyreval
uedby
78.6%,and12pl ayer
sagedbetween23to25,whom theyrevaluedby32.8%.
However,theydidnotachi
evethesameresul
t
swi t
hteenagers,who,inmostcases,
didnotperf
orm well
.

Sarmient
o,St
evanovi
c&Met hi
no.
Teenagerst
hatl
ostmarketval
ue.

Dat
afrom 17/18to21/22/Onlyar
ri
val
swi
thatr
ansferf
ee.
Gi
rona,Torque,Troyes,NYCFC,ManCu23/NoloansIncl
uded.
Ci
tyFoot
bal
lGr
oup-Mar
ketBehavi
our

PERFORMANCEBYAGEGROUP
Si
gni
ngagef
orar
ri
val
satGi
rona,NYCFC,Tr
oyes,Manchest
erCi
t
y
U23&Cit
yTor
que.

PeakAge
r
sAcquied

20%

15%
ayer
Pl

10%
al
% ofTot

5%

0%
17 18 19 20 21 22 23 24 25 26 27 28 30

Asmanyst udiesshow,t
heageatwhi chfootball
playersreachtheirpeak
perfor
mancer angesf
rom 24to29year sold.However ,eachclubhasi tsown
str
ategieswhenitcomestosigninganddevel opi
ngt al
ent.Int
hecaseoft heCFG
TalentDevel
opmentTeams,i tcanbeseenhowt hesignplayer
sr angingfr
om 17t
o
20year sol
d.Inthi
sway,withalowi nvest
mentt heycansi gnyoungpr omisi
ng
tal
ent,andenhancethem underthei
rteams.

SPENDI
NG BYAGEGROUP These5t eamsspentmor ethan50%
oftheirtot
al expensesonget t
ing
20-22 playersaged17t o19,highli
ghti
ng
€17.
60M theirst
rategyt osi
gn,developand
shapeyoungt alenttoi
ncreasethei
r
26+ mar ketvalue.
€19.98M

17-19
€67.
33M

23-25
€26.
19M

Mor
ganRoger
s,youngestpl
ayersi
gned.

Dat
afrom 17/18to21/22/Onlyar
ri
val
swi
thatr
ansferf
ee.
Gi
rona,Torque,Troyes,NYCFC,ManCu23/NoloansIncl
uded.
Ci
tyFoot
bal
lGr
oup-Mar
ketReval
uat
ion

REGI
ONOFORI
GIN
Percent
agechangeofmar
ketval
uebyl
eaguel
ocat
i
onf
orpl
ayer
s
si
gnedattheseteams

Tr
ansfer Avg.Fee Pl
ayerRevaluat
ion
#Pl
ayer
s
Locat
ion Fee perPl
ayer Af
ter1stYear

Asi
a 1 €3.
64M €3.
64M 191.
67%

Af
ri
ca 1 €1.
80M €1.
80M 5.
78%

Eur
opeOt
her 6 €23.
61M €3.
94M 0.
00%

Nor
th
1 €0.
05M €0.
05M -
1.22%
Ameri
ca

Eur
opeTop6 18 €52.
25M €2.
90M -
10.
35%

Sout
h -
25.
00%
16 €49.
75M €2.
93M
Ameri
ca

Scouti
ngwasmai nl
yfocusedonSout hAmer i
caandEur ope'stop6l eagues,
spendinganaver ageof€2, 900,
000perplayer.However,SouthAmer i
cantalent
decreasedi t
svalueby1. 2%,contr
arytoEuropeans,whogai ned,onaver age,10%.
CFCTal entDevelopmentTeamsal soscoutedtalentonotherl
eaguesi nEurope,
weretheyspentanaver ageofalmost€4,000,
000perpl ayer.
Seemst hatthetalentsi
gnedi nTopEuropeanl eaguesismorepr eparedtohavea
hi
gheri mpactont hefi
eld.

Mi
l
ler(
Nor
thAmer
ica)
,Ami
nu(
Afr
ica)&Mar
ti
ns(
Asi
a).

Dat
afrom 17/18to21/22/Onlyar
ri
val
swi
thatr
ansferf
ee.
Gi
rona,Torque,Troyes,NYCFC,ManCu23/NoloansIncl
uded.
Ci
tyFoot
bal
lGr
oup-Eur
opeTop6Leagues

ARRI
VALS
Whatt
alentdi
dtheset
eamssi
gnf
rom Eur
opeTop6Leagues?

France Engl and Port

ugal
5Pl ayer
s 3Pl ayer
s 3Player
s
€12.80M Tot
al €11.90M Tot
al €8.
11M Total
€2.56M avg. €3.97M avg. €2.
70M avg.
26avg.Age 24avg.Age 21avg.Age

Spain
5Player
s
€9.
35M Total
€1.
87M avg.
25avg.Age

Germany It
aly
1Player
s 1Players
€0.
09M Total €10.00M Total
€0.
09M avg. €10.00M avg.
30avg.Age 18avg.Age

CFG signed18pl
ayersfrom Europe'stop6leagues,withSpainandFr ance
posi
t
ionedasthei
rfavor
iteones.Fr ancehadahi gheraver
aget r
ansferfeet
han
Spai
n.I ti
swor
thnoti
ci
ngt hatt
alentsignedfrom t
hesecountr
iesis,onaverage,
ol
derthan20,meaningtheyarei nstant
lyboughttocompeteatthehighestl
evel
.

Gal
lar
,Lozano,Moji
ca,
Gumbau&Jai r
o.
Pl
ayerssi
gnedfrom Spai
n.

Dat
afrom 17/18to21/22/Onlyar
ri
val
swi
thatr
ansferf
ee.
Gi
rona,Torque,Troyes,NYCFC,ManCu23/NoloansIncl
uded.
Ci
tyFoot
bal
lGr
oup-Sout
hAmer
icanLeagues

ARRI
VALS
Whatt
alentdi
dtheset
eamssi
gnf
rom Sout
hAmer
ica?

Uruguay Argenti
na
6Pl ayer
s 4Player
s
€12.03M Tot
al €6.
21M Total
€2.00M avg. €1.
55M avg.
20avg.Age 21avg.Age

Brasil
5Pl ayer
s
€28.87M Tot
al
€5.77M avg. Chi
le Peru
19avg.Age 1Player
s 1Player
s
€0.
15M Total €2.
50M Total
€0.
15M avg. €2.
50M avg.
19avg.Age 18avg.Age

CFG Tal
entDevelopmentTeamsi ncorpor
ateSouthAmer i
cantal
entatanear l
ier
age(19)
.Themai ndri
veisthepotenti
alplayer
shave.Alt
houghtheymi ghtnotbe
abl
etocontr
ibut
eimmediately,t
heyconsiderthem wor
thyenoughtoinvest.

Fr
eir
e,Pal
acios,DelPr
ete&Sarmi
ent
o.
Pl
ayerssi
gnedfrom Ar
gent
i
na.

Dat
afrom 17/18to21/22/Onlyar
ri
val
swi
thatr
ansferf
ee.
Gi
rona,Torque,Troyes,NYCFC,ManCu23/NoloansIncl
uded.
Ci
tyFoot
bal
lGr
oup-Mar
ketReval
uat
ion

PERFORMANCEBYFEEPAI
D
Per
cent
agechangeofmarketvalueforpl
ayer
ssi
gnedbyt
hese
t
eams,accor
dingt
othei
rpurchasingval
ue.

FeeRange Numberof Average Avg.Fee PlayerRevaluat

ion
(
€) Pl
ayers Age perPl
ayer Af
ter1stYear

<1Mi
ll
ion 12 23 €0.
35M 9.
5%

1t
o3Mi
ll
ions 14 23 €2.
03M 28.
7%

3t
o5Mi
ll
ions 8 21 €3.
72M 11.
6%

5t
o8Mi
ll
ions 6 21 €5.
38M -
7.4%

8+Mi
ll
ions 4 19 €9.
13M -
19.
6%

I
tiscleal
yseent hat
,onaverage,playerssi
gnedforafeeunder€5,000,
000have
i
ncreasedtheirmarketval
ue,whilepl
ayerssignedforahigherf
ee,coul
dnotbeen
abl
etopr oduceamar ketgai
n.Inadditi
on,expensi
veplayerssi
gnedhavealowerage
onaveraget hancheapersi
gnings.

NumberofPl
ayer
sbyTr
ansf
erFeePai
d
Ont heonehand,50% oft he
GainedVal
ue-6 player sboughtf oraf eehi gher
<1Mi
ll
ion KeptVal ue-2 than€5, 000, 000,havedecr ease
LostVal
ue-4 theirmar ketvalueaf terone
Gai
nedVal
ue-7 year .Ont heot herhand,onl y
1t
o3Mi
ll
ions KeptValue-1 30% oft heplayer sboughtf ora
LostVal
ue-6 feel owert han€5, 000,000,have
GainedValue-1 decr easet heirmar ketvalue
8+Mi
ll
ions KeptValue-1 afteroneyear .
LostValue-2 Themor eprofit
ablegr oupi sthe
Gai
nedValue-5 onewher ethet r
ansfeef eepai d
3t
o5Mi
ll
ions KeptValue-1 goesf rom €3, 000,000t o
LostValue-2 €5, 000, 000.62% oft heplayer s
GainedValue-3 i
nt hatgr oupi ncreasedt heir
5t
o8Mi
ll
ions mar ketval ue.
LostValue-3

Dat
afrom 17/18to21/22/Onlyar
ri
val
swi
thatr
ansferf
ee.
Gi
rona,Torque,Troyes,NYCFC,ManCu23/NoloansIncl
uded.
Ci
tyFoot
bal
lGr
oup-Mar
ketReval
uat
ion

PLAYERSONLOAN
44regist
eredar
ri
val
s(onloanorwithatransf
erfee)si
ncethe17/18season.
Howmanyoft hem weresentonloanwithi
nthei
rfir
styearofbei
ngsi
gned,
where,andhowdidthei
rmarketvaluechange?

5PLAYERSLOANED -
54% AVGPLAYER
44 14 TYGROUPTEAMS MARKETVALUEDECREASE
TO CI

VALS SENTONLOAN
ARRI
THESAMEYEAR
(32%)
9PLAYERSLOANED -
22% AVGPLAYER
TO OTHERTEAMS MARKETVALUEDECREASE

Loan Pl
ayer Age Team Fee Pl
ayerReval
uat
ionaf
ter1stYear

Cit
y Tat
yCast
ell
anos 19 NYCFC €0.
15M 100.
0%
Group
Team Pabl
oMor
eno 18 Gi
rona €10.
00M 0.
0%

Kl
ui
ver
thAgui
l
ar 18 Lommel €2.
50M -
33.
3%

Dar
ioSar
mient
o 18 Gi
rona €5.
00M -
63.
6%

Sant
i
agoRodr
iguez 20 NYCFC €4.
30M -
80.
8%

Not Jai
roI
zqui
erdo 24 Cadi
z €0.
20M 220.
0%
Cit
y
Group Sl
obodanTedi
c 19 Čukar
ički €3.
00M 50.
0%
Team
Ti
agoPal
aci
os 19 Pl
atense €0.
61M 40.
0%

Ni
col
asFr
eir
e e €0.
23 PECZwol
l 33M 0.
0%

MohammedAmi eda €1.

nu 18 NACBr 80M 0.
0%

Fel
i
xCor
rei
a 18 AZAl
kmaar €4.
50M 0.
0%

RenzoOr
ihuel
a 18 Naci
onal €1.
50M -
10.
0%

Mykol
aKukhar
evych 20 OHLeuven €0.
30M -
25.
0%

Fi
l
ipSt
evanovi
c 18 Heer
enveen €8.
50M -
56.
3%

I
tisnotabl
ethatf
orplayerssignedfortheset
eamsandloanedtoCFG teamswi t
hin
t
heirf
ir
styearofbeingsigned,thei
rtr
ansferf
eepaidi
shigher
.Also,onl
yonepl ayer
l
oanedt oaCFG team thefi
rstyearofbeingsi
gnedhasi
ncreaseditsmarketvalue.

Dat
afrom 17/18to21/22/Onlyar
ri
val
swi
thatr
ansferf
ee.
Gi
rona,Torque,Troyes,NYCFC,ManCu23/NoloansIncl
uded.
Ci
tyFoot
bal
lGr
oup-Mar
ketReval
uat
ion

LI
STOFPLAYERS
Pl
ayer
ssi
gnedbyt
eam andmar
ketr
eval
uat
i
on.

Team Pl
ayer Age FeePai
d Pl
ayerReval
uat
ionAf
ter1stYear
NYCFC Thi
agoMar
ti
ns 26 €3.
64M 192%

Mal
t
eAmundsen 23 €1.
31M 167%
Gabr
iel
Per
eir
a 20 €5.
00M 150%

Tat
yCast
ell
anos 20 €0.
43M 150%
Thi
agoAndr
ade 20 €1.
60M 150%

Keat
onPar
ks 22 €0.
91M 67%
Mi
t
rit
a 23 €8.
00M 37%
Tal
l
esMagno 18 €7.
27M 25%
Ni
col
asAcevedo 20 €2.
30M 11%
Heber 27 €2.
50M -
8%
Er
icMi
l
ler 26 €0.
05M -
25%
Al
f
redoMor
ales 30 €0.
09M -
33%

ESTAC Gi
ul
ianBi
ancone 21 €2.
50M 208%
Tr
oyes
Romi
ni
gueKouamé 24 €2.
50M 150%

AbduCont
é 23 €2.
70M 67%
MamaBal
dé 25 €3.
50M 33%
Mykol
aKukhar
evych 20 €0.
30M -
25%
Met
i
nho 18 €5.
00M -
40%
RenaudRi
par
t 28 €3.
30M -
40%
Xavi
erChaval
eri
n 30 €1.
00M -
55%

NYCFCsi gned12pl ayerswithat r

ansferfee.Al
most60% hadmor ethan22year s
ol
d,75% i ncreasedtheirmarketvalue,and41% ofthem atl
eastdoubletheirmarket
valueaft
ert hei
rfi
rstyear.
Troyes,spentanaver ageof€2, 600,000perplayer
,whereMetinho,t
heirhighest
si
gning,lost40% ofhismar ketvalueafterhisf
ir
styearwi
ththeteam.

Dat
afr
om 17/18to21/
22.
Onl
yarr
ival
swithatr
ansf
erf
ee/Nol
oansI
ncl
uded.
Ci
tyFoot
bal
lGr
oup-Mar
ketReval
uat
ion

LI
STOFPLAYERS
Pl
ayer
ssi
gnedbyt
eam andmar
ketr
eval
uat
i
on.

Team Pl
ayer Age FeePai
d Pl
ayerReval
uat
ionAf
ter1stYear
Cit
y Ni
col
asSi
ri 17 €3.
10M 133%
Torque Tat
yCast
ell
anos 19 €0.
15M 100%
Gust
avodel
Pret
e 22 €0.
27M 87%
Ti
agoPal
aci
os 19 €0.
61M 40%
Ni
col
asFr
eir
e 23 €0.
33M 0%
Yonat
thanRak 24 €0.
40M 0%
RenzoOr
ihuel
a 18 €1.
50M -
10%
Sant
i
agoRodr
iguez 20 €4.
30M -
81%
Gi
rona Jai
roI
zqui
erdo 24 €0.
20M 220%
ChocoLozano 24 €1.
75M 33%
Mar
cMuni
esa 26 €5.
00M 20%
Al
exGal
l
ar 27 €1.
90M -
14%
SamuSai
z 28 €2.
50M -
20%
JohanMoj
i
ca 25 €5.
00M -
50%
Ger
darGumbau 24 €0.
50M -
52%
ManCi
ty Sl
obodanTedi
c 19 €3.
00M 50%
U23
Fel
i
xCor
rei
a 18 €4.
50M 0%
MohammedAmi
nu 18 €1.
80M 0%
Pabl
oMor
eno 18 €10.
00M 0%
Mor
ganRoger
s 17 €4.
40M -
13%
Kayky 18 €10.
00M -
14%
Kl
ui
ver
thAgui
l
ar 18 €2.
50M -
33%
Fi
l
ipSt
evanovi
c 18 €8.
50M -
56%
Dar
ioSar
mient
o 18 €5.
00M -
64%

Onl
y20% ofpl ayersrecrui
tedbyCi t
yTorque,l
ostmarketvalue.
Gi
ronar egist
ersthehi ghestaver
ageagef oral
l5teamswheni ncomestoplayer
s
r
ecrui
tedwi that r
ansferfee.
Onl
yonepl ayersignedbyManchest erCi
tyU23team wasabl etoincr
easehis
marketvalue.Also,noneoft heplayerssi
gnedwereolderthan20year sofage.

Dat
afr
om 17/18to21/
22.
Onl
yarr
ival
swithatr
ansf
erf
ee/Nol
oansI
ncl
uded.
Ci
tyFoot
bal
lGr
oup-Wi
thi
ntheGr
oup

ARRI
VALS
Fr
om al
lthearri
val
sforeacht
eam,howmanyoft
hem i
nvol
veda
pl
ayerf
rom anot
herCit
yFootbal
lGr
oupt
eam?
TOTAL CI
TY TYPEOFARRI
VALS(
FROM ANOTHERCFG TEAM)
ARRI
VALS GROUP

34 44% Acqui
red1/
13(
8%)-OnLoan14/
17(
82%)-Fr
ee0/
4(0%)

69 21% Acqui
red0/
12(
0%)-OnLoan15/
35(
43%)-Fr
ee0/
22(
0%)

42 21% Acqui
red0/
16(
0%)-OnLoan5/
17(
29%)-Fr
ee4/
9(44%)

52 15% Acqui
red3/
44(
9%)-OnLoan0/
1(0%)-Fr
ee1/
7(20%)

37 11% Acqui
red2/
14(
14%)-OnLoan1/
6(17%)-Fr
ee1/
17(
6%)

46 4% Acqui
red0/
1(0%)-OnLoan2/
10(
20%)-Fr
ee0/
35(
0%)

61 3% Acqui
red0/
8(0%)-OnLoan1/
18(
6%)-Fr
ee1/
35(
3%)

48 2% Acqui
red0/
4(0%)-OnLoan0/
10(
0%)-Fr
ee1/
34(
3%)

56 0% Acqui
red0/
6(0%)-OnLoan0/
18(
0%)-Fr
ee0/
32(
0%)

48 0% Acqui
red0/
2(0%)-OnLoan0/
11(
0%)-Fr
ee0/
35(
0%)

From al
lthe34arri
val
sLommel SKhadsincebei ngacquiredbyt heCFG,15oft hem
(44%)invol
vedaplayerfrom theGroup,andal l
15oft hem butone,wer eplayer
son
l
oan.CFG usesLommel SKasapl at
formtogivet hei
rplayersfi
rstt
eam competit
ion
t
ime,withthehopeofreplicati
ngthesuccesstheyhadwi t
hGi r
ona,wherethey
acqui
redtheSpanishteam whi l
einSecondDi vi
sion,andisnowcompet i
ngi nLaLiga,
withmanyplayer
sfrom theCFG.Tr oyesalreadycompet esintheFr encht
ier1
l
eague,buthasalsoattr
act edmanytalentf
rom CFG teams.

Dat
afr
om 17/18to22/
23.
ManCit
ydataIncl
udesManCi
t
yU23.
Ci
tyFoot
bal
lGr
oup-Wi
thi
ntheGr
oup

PLAYERMOVEMENTS
Howdi
dCi
t
yFoot
bal
lGr
oupmovet
hei
rpl
ayer
sfr
om t
eam t
oteam?

FROM 493TOTALARRI
VALS THEMOSTCOMMONMOVEMENTS
52wer
ewi
t
hinCFG Teams(
10.
5%) Manchest
erCi
t
ytoGi
rona,Lommel
&Tr
oyes

493
TOTAL
ARRI
VALS

52
I
NTERNAL 10.
5%
ARRI
VALS

PLAYERSSENTTO OTHERCFG TEAM PLAYERSRECEIVEDFROM ACFG TEAM

Manchest
erCi
t
ysentt
hemost Gir
onaandLommel
recei
vedt
hemost

2IMel ne 1ILommel
bour Sk 2ICi
t
yTorque
2IYokohama 2IMelbour
neCi
t
y

3INYCFC 4INYCFC
15IGi
rona

4IGi
rona
4IManchest
erCi
t
y

4ITr
oyes 32IManchest
erCi
t
y
9ITr
oyes
15ILommel
Sk

Manchest erCit
yhavesentt hemostpl ayerstoot herCFG teamsinsearchof
playingti
mef ortheirt
alents,wi
t
hGi ronabei ngthemai ndest
inat
i
on,andTr oyes
andLommel ,otheratt
racti
vemar ket
sf oryoungpl ayerst
oo.7ofall10teams
register
edinthisstudy,havesentatl eastonepl ayert oanot
herCFG team.
Recent l
yacquiredteam,Lommel SK( cur
rentl
yinBel gui
m Ti
er2)hasbeenr ebui
lt
withlotsoftal
entfrom otherCGFt eams.

Dat
afr
om 17/18to22/
23/Al
larr
ival
s.
ManCit
ydataincl
udesManCit
yU23.