{"id":41098,"date":"2025-01-31T22:14:44","date_gmt":"2025-01-31T22:14:44","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/football-clubs-spent-8-59b-on-international-transfers-last-year-hitting-record-high-report"},"modified":"2025-01-31T22:14:44","modified_gmt":"2025-01-31T22:14:44","slug":"football-clubs-spent-8-59b-on-international-transfers-last-year-hitting-record-high-report","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/football-clubs-spent-8-59b-on-international-transfers-last-year-hitting-record-high-report","title":{"rendered":"Football clubs spent $8.59B on international transfers last year, hitting record high: Report"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eritrea. <\/strong><\/span>Football clubs worldwide spent a total of $8.59 billion on international transfer fees in men&#8217;s professional football last year, according to the FIFA Global Transfer Report 2024, which was released on Thursday.<\/p>\n<p>&#8220;An all-time record of 78,742 international player transfers were completed in 2024 across men\u2019s and women\u2019s professional and amateur football. After clubs\u2019 spending on transfer fees set a new record in 2023 (USD 9.66 billion), the total outlay was lower in 2024 (USD 8.59 billion), but still more than 15% above the previous record set in 2019 (USD 7.33 billion),&#8221; the world football body said in the report.<\/p>\n<p>The report said English football outfits topped spending and earnings in international transfers, with total expenditures of $1.88 billion and revenues of $1.34 billion.<\/p>\n<p>&#8220;Almost 40% of all transfer spending in men&#8217;s professional football was accounted for by the top 2.5% of transfers, which included fees of at least USD 20 million per transfer,&#8221; it said.<\/p>\n<p>According to FIFA&#8217;s Global Transfer Report, Brazilian clubs saw the highest number of transfers in 2024, with 1,102 incoming and 1,113 outgoing deals.<\/p>\n<p>&#8220;The number of clubs that spent money on incoming transfers continued to grow, reaching a record high of 1,100 clubs in 2024. Similarly, the number of clubs that received a transfer fee for at least one outgoing transfer, 1,378, also set a new record,&#8221; said the report.<\/p>\n<p><b>Women\u2019s football hit record spending of $15.6M<\/b><\/p>\n<p>In 2024, investment in women\u2019s professional football reached new heights, with total transfer spending hitting a record $15.6 million \u2013 more than 2.5 times the amount spent in the previous year.<\/p>\n<p>&#8220;A total of 695 clubs were involved in international transfers (+11.6%), with 109 of these clubs spending money on at least one incoming transfer (+23.9%) and 124 clubs receiving transfer fees for outgoing transfers (+27.8%),&#8221; it said.<\/p>\n<p>FIFA said that for the sixth consecutive year, international transfers in women\u2019s professional football jumped 20% annually, now more than three times the number recorded in 2018, when FIFA first began tracking them.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Eritrea<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eritrea. Football clubs worldwide spent a total of $8.59 billion on international transfer fees in men&#8217;s professional football last year, according to the FIFA Global Transfer Report 2024, which was released on Thursday. &#8220;An all-time record of 78,742 international player transfers were completed in 2024 across men\u2019s and women\u2019s professional and amateur football. [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":41097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,17],"tags":[233,125,1235,954],"class_list":["post-41098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-sport","tag-eritrea","tag-football","tag-sports","tag-uefa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Football clubs spent $8.59B on international transfers last year, hitting record high: Report - Eritrea<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/football-clubs-spent-8-59b-on-international-transfers-last-year-hitting-record-high-report\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Football clubs spent $8.59B on international transfers last year, hitting record high: Report\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; Eritrea. Football clubs worldwide spent a total of $8.59 billion on international transfer fees in men&#8217;s professional football last year, according to the FIFA Global Transfer Report 2024, which was released on Thursday. &#8220;An all-time record of 78,742 international player transfers were completed in 2024 across men\u2019s and women\u2019s professional and amateur football. 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