Liverpool FC lose £3.6m to hidden fees in record transfer window
Summary by BusinessCloud.co.uk
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Liverpool FC lose £3.6m to hidden fees in record transfer window
Liverpool were the Premier League club worst hit by hidden foreign exchange (FX) fees during the summer transfer window, according to new data from borderless currency platform Glyde. With English clubs spending more than £1.7bn on players from European leagues, the analysis found that ‘skimming’ by legacy FX brokers cost the top flight more than £22.5m between 16th June and 1st September. The reigning Premier League champions lost more than £3.…
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