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Home Forex News

Club spending on international transfer fees reaches all-time record in 2023

by Tradinghow
January 30, 2024
in Forex News
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Club spending on international transfer fees reaches all-time record in 2023
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USD 9.63 billion spent on international transfer fees, an increase of 48.1% compared to 2022, according to Global Transfer Report; 2023 also saw a new all-time high number of transfers with a transfer fee (3,279), 14.7% more than in 2022; Women’s football continues to grow, with international transfers increasing by more than 20% compared to 2022.

FIFA has today published the 2023 edition of the Global Transfer Report (https://apo-opa.co/48UUHsP), according to which an all-time record of 74,836 cross-border transfers were made in 2023. Some 23,689 (31.7%) of these moves involved professionals (men and women), with the other 51,147 (68.3%) transfers being those of amateurs.

Following falls in spending in both 2020 and 2021 due to the COVID-19 pandemic, clubs spent a new record high amount on international transfer fees in 2023, with their combined outlay reaching a total of USD 9.63 billion – an increase of 48.1% compared to 2022 and surpassing the former record, set in 2019, by more than USD 2 billion.

The top ten player transfers alone generated more than 10% of the entire amount spent on transfer fees in 2023. Similarly, of the 3,279 transfers that included fees, the top 100 were responsible for more than 45% of all money spent on transfer fees, with English clubs once again topping the list with USD 2.96 billion.

German clubs topped the list for transfer fees received from outgoing transfers with a total of more than USD 1.2 billion. Just as in the previous year, Portuguese clubs completed more incoming transfers than clubs from any other association (1,017). Brazilian clubs, on the other hand, released the highest number of players (1,217). A total of 1,024 clubs spent money on international transfers in 2023, the first-ever time that more than 1,000 clubs invested in transfer fees for new players from abroad. The number of clubs that received transfer fees, 1,241, was also another new high.

Impressive growth of women’s football continues

The impressive growth of women’s professional football also showed no sign of letting up in 2023, with more than 20% more transfers last year compared to 2022. The number of clubs involved in international transfers also rose from 507 in 2022 to 623 in 2023, a 22.9% increase.

All of these numbers reflect the huge strides being taken in the women’s game, with more and more female players turning professional. Some 1,888 international transfers of professional players were recorded in 2023, while a new high of 131 associations (+7.4% compared to 2022) were involved in these transfers.

International transfers of amateurs

In 2023, more than 50,000 amateur players moved across borders to join a club in a new association. Some 91.7% of these players were male. The global reach of amateur football is striking as 207 of FIFA’s 211 member associations were involved in at least one amateur transfer last year. The number-one association in terms of the number of incoming amateur transfers was Germany with a total of 7,825.

The Global Transfer Report 2023 (https://apo-opa.co/48UUHsP) also includes analyses on player nationalities, ages and movement between confederations and associations, in addition to the list of top transfers in both the men’s and women’s game.

The FIFA Global Transfer Report 2023 is available here (https://apo-opa.co/48UUHsP) and on FIFA.com/legal.

Distributed by APO Group on behalf of FIFA.

Contact for African media: 
[email protected]



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