The pound depreciated against the euro from July 2015 to July 2016, falling from 1.412 euros per pound to 1.208 euros per pound according to Bank of England figures. A hypothetical 110 million euro transfer that would have cost an English club £91.1 million in July 2015 would have cost £77.9 million in July 2016, a 17% decrease, due to the weaker pound.

1. EXCHANGE RATE IMPACT
2
Pound depreciation
(euros per pound)
July 2015 July 2016
Source: Bank of England
1,412
1,208
Pogba’s signing cost in pounds*
(for English clubs)
July 2015 July 2016
+17%
*Considering a transfer of 110mio€ (player’s wage not included)
£91,1m
£77,9m