Introduction
It is no secret that football, as the king of all sports, receives the attention of millions of spectators worldwide. Every club strives to achieve its desired results and does not hesitate to invest money in building competitive squads that can help them secure these sporting objectives. The ferocious competitiveness in football is translated into clubs spending a great part of their budgets on hiring the best possible players. In fact, according to FIFA’s International Transfer Snapshot 2023, during the summer transfer window of 2023, a total of 10,125 international transfers took place (1,985 of which were made in exchange for a transfer fee). Indeed, the summer transfer window of 2023 proved to be the most lucrative yet, where a total of USD 7.36 billion (approx. EUR 6.75 billion) in fees were expended, representing an increase of 47.2% compared to the total transfer fees...
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