Explained in plain English

What is a transfer fee?

When a football club wants to buy a player from another club, they pay a 'transfer fee'. This is essentially the price tag for the player's contract. The fee is negotiated between the two clubs and can vary hugely depending on the player's skill, age, and how long is left on their current contract. In this story, Liverpool is offering Crystal Palace £50m for Ismaila Sarr.