FIFA reveal a record fee was spent on transfers this summer - 47.2% more than last year

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FIFA reveal a record fee was spent on transfers this summer - 47.2% more than last year

A new report from FIFA has revealed some eye-popping numbers in the world of football transfers this summer. Between June and September, a staggering £5.9 billion was spent on transfer fees worldwide.

FIFA's International Transfer Snapshot report, published on Friday, delved into this bustling transfer season. Notable moves included stars like Karim Benzema, N'Golo Kante, Jordan Henderson, Riyad Mahrez, and Neymar heading to Saudi Arabian teams.

In Europe, Chelsea and Arsenal made big-money signings, breaking the £100 million barrier for Moises Caicedo and Declan Rice, respectively. Harry Kane's move to Bayern Munich set a new Bundesliga transfer record.

FIFA's findings show that this summer's transfer spending reached nearly £6 billion, smashing the previous worldwide record set in 2019. This year's spending was nearly 27% higher than in 2019 when players like Joao Felix, Antoine Griezmann, Eden Hazard, and Harry Maguire made big-money moves.

The report also highlights a 47.2% increase compared to the 2022 summer transfer window. It's worth noting that this year marked the first time in history that over 10,000 mid-year transfers were made worldwide.

In terms of receipts from transfer fees, Germany topped the list with £890 million. Saudi Arabia followed England closely with £701 million spent on transfer fees, ahead of France (£689 million), Germany (£611 million), Italy (£570 million), and Spain (£325 million).

Notably, the Asian Football Confederation, which governs Saudi Arabia and other Middle Eastern nations, accounted for 14% of this summer's global transfer spending.

AuthorAndrii SokolovskyiSourceDaily Mail
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