Definition of transfer fee in English:
A fee paid by one soccer or rugby club to another for the transfer of a player.
- The issue is the transfer system, where a player who has a contract with one club is not allowed to move to a different club unless a compensation fee, a transfer fee, is paid.
- The obtaining of such permission invariably involves the payment of a transfer fee to the former club, in ostensible compensation for the loss of the player concerned.
- However, the two clubs have yet to officially confirm a transfer fee - United having increased their bid to £25 million over the weekend.