By Martin Graham
A total of 5,973 cross-border player moves were completed during the January transfer period in men’s football, according to figures published by FIFA on Thursday.
That tally represents a rise of three percent compared with the same window one year earlier, reflecting increased movement between clubs based in different nations.
These deals cover only transactions that pass through FIFA’s international system and do not account for player switches occurring within the same domestic league.
Spending dips despite high volume
Although activity climbed, overall financial outlay declined. Clubs worldwide paid roughly $1.95 billion in transfer fees, which is about 18 percent lower than the all-time high recorded last year.
Even with that reduction, the amount invested still exceeded the previous January benchmark from 2023 by around 20 percent, FIFA noted.
The contrast between rising deal numbers and falling expenditure suggests a busier but more cost-conscious market during the winter window.
Women’s game shows sharp financial growth
In women’s football, international transfer fees surpassed $10 million, marking an 85 percent jump from the prior record set a year ago.
Despite the surge in spending, the number of cross-border moves in the women’s game slipped by six percent, totaling 420 transactions.
As with the men’s data, FIFA’s assessment excluded transfers between clubs operating within the same country.
England leads the financial tables
Teams based in England once again accounted for the highest transfer outlay, spending $363 million on players arriving from abroad.
Those same clubs generated $150 million through sales to foreign teams, leaving a sizable net deficit in international dealings.
Italy ranked second in expenditure at $283 million, while Brazil, Germany, and France completed the top five spending nations.
Sellers benefit across several leagues
French sides emerged as the strongest earners, collecting $218 million from outgoing transfers to overseas clubs.
Italian and Brazilian teams followed closely, with England and Spain also featuring among the leading exporters of talent.
Across the Atlantic, clubs in the United States invested $99 million and received $48 million from international sales, according to FIFA’s figures.
In the women’s market, organizations from England also headed the spending list, committing more than $5 million to incoming players.
They additionally topped the earnings table, bringing in the largest return from international transfers.
This dual leadership underlined England’s prominent financial role across both sides of the global game during the January window.
.webp?ssl=1 "Inside the Alpine star’s fashion evolution")
