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The phrase "as a transfer fee" is correct and usable in written English.
It can be used in contexts related to financial transactions, particularly in sports or business when discussing fees associated with transferring assets or players.
Example: "The club agreed to pay the player’s former team a sum of 5 million euros as a transfer fee."
Alternatives: "in the form of a transfer fee" or "as part of the transfer fee".
Exact(6)
An additional tax of 2.5 percent is paid to the government as a transfer fee.
I don't think it is Gareth's fault or a player's fault that a club is willing to pay that type of money as a transfer fee.
Also known as a transfer fee, a flip tax is an amount of money paid to the building upon the sale of an apartment, usually by the seller but occasionally by the buyer.
The day after his resignation, Barcelona's new president, Josep Maria Bartomeu, admitted that the total cost of securing him, which is not the same as a "transfer fee", was in fact €86.2m.
It was reported that the player would earn €2.5 million per year, while French club Marseille would get an estimated €8 million as a transfer fee.
If the player and the MLB team agreed on contract terms before the 30-day period expired, the NPB team received the bid amount as a transfer fee within five business days.
Similar(54)
A player who wants to be released early has not only to find a new job (after asking his club for permission) but also to convince the new club to pay a transfer fee as well as his salary.
Cameroonian striker Eto'o has moved to Anzhi from Inter Milan, with a transfer fee almost as high as the Caucasus mountains.
"We are getting 37 million for Götze which we don't even want," said the coach, Jürgen Klopp, echoing the words of the club's general manager, Hans-Joachim Watzke, who said he could "do without" a transfer fee for Lewandowski, as long as he stays for another year.
Why is it defined as a penalty, not a transfer fee?
In 1990, a Belgian club refused to let a player, Jean-Marc Bosman, join a French team, even though his contract was over, fearing it would never get a transfer fee, as required by the rules of UEFA, European football's ruling body.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com