FIFA says $6.5 billion of international spending in transfer window


03-09-2024 04:45 PM

Ammon News - Spending on transfer fees in international men’s player deals cooled off during the mid-year trading period, according to FIFA research published on Tuesday.

FIFA said clubs committed to spend $6.46 billion on buying players in cross-border deals during the June-to-September transfer window — down from $7.43 billion in the same period a year ago.

The average of transfer fees paid by clubs in Europe, by far the richest market, was $3.13 million compared to $3.8 million one year ago.

The FIFA study is not a complete guide because it does not count the biggest transfer deal of the European offseason, nor does it include moves by players between two clubs in the same country.

Kylian Mbappé joined Real Madrid without a transfer fee being paid because the France star was a free agent after letting his contract expire at Paris Saint-Germain. Still, Madrid had to pay Mbappé a signing bonus variously reported as between $110 million and $165 million.

AP




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