Manchester City paid £100 million to transfer Jack Grealish from Aston Villa. How do football/soccer clubs pay the transfer fee to other clubs?

Question

Manchester City paid £100 million to transfer Jack Grealish from Aston Villa. How do football/soccer clubs pay the transfer fee to other clubs?

In: Economics

Answer 1

Those fees are paid in agreed instalments, over a number of years. Very few transfers are an immediate lump sum. Paid by bank transfer.