The summer session of transfer market 2024 it turned out to be one of theand more eventful and expensive than ever, with record figures and an impressive number of transfers. FIFA has published a detailed report which highlights how, between 1 June and 2 September 2024, A total of $6,4 billion was spent for 10.900 international transfers, (+1,3% compared to 2023). Although the total amount of expenditure is 13% lower than the record of 7,43 billion in the summer of 2023, it still represents a historic figure.
THEEurope dominated the transfer market, moving 5,48 billion dollars. TheEngland led the rankings of investments, followed by Italy, France, Spain and Germany. Saudi Arabia, which spent $875 million last year, has significantly reduced its spending, falling to “only” $431 million.
In addition to men's football, Women's football also recorded record numbers, with $6,8 million spent on international transfers and 1.125 completed deals, marking a 31,8% increase over 2023.
Transfer Market 2024, English Clubs Lead: $1,6 Billion Spent
I English clubs dominated the 2024 summer transfer market, spending $1,6 billion (up from $2 billion a year ago), which puts them in first place for investment. British clubs have recorded a Record number of transfers, with 526 new purchases and 523 sales. Small-medium sized and newly promoted teams, such as Bournemouth, Brighton and Ipswich Town, also played a major role, each investing over $100 million. This shows how the Premier League, thanks to its huge television rights and global appeal, continues to dominate the football transfer market.
Transfer market spending 2024: Italy in second place
Immediately after England, theItaly ranked second in terms of spending, with a total investment of 825 million dollars. Almost double the 425 million collected from player sales. Although Serie A cannot compete with the Premier League in terms of economic resources, the Italian spending underscores the strategic importance of investment to keep the championship competitive.
In France, clubs invested $697 million, followed by Spain with 599 million and from Germany with 572 million. It is interesting to note that theSaudi Arabia, which had spent $2023 million in 875, has halved its investments in 2024, stopping at $431 million. This change of direction could be interpreted as a rethinking market strategies by Saudi teams, who have nevertheless attracted numerous internationally renowned players.
Julian Alvarez is the most expensive transfer
Il most expensive transfer of the 2024 summer session was that of Julian Alvarez placeholder imageThe Argentine striker moved from Manchester City to Atletico Madrid for a fee of around 83 million dollars, excluding bonuses.
Women's football: the numbers of the transfer market are growing
Even though the figures are lower than those of men's football, the Women's soccer had a record-breaking summer. During the summer session of 2024, they were spent $6,8 million for international transfers, more than double the previous year. In addition, over 1,000 new projects were completed 1.100 transfers, with an increase of 31,8% compared to 2023. An increase that highlights the constant growth of women's football, both in terms of popularity and investments.
I European clubs were the main protagonists, with a total expenditure of 5,33 million dollars to acquire players. TheItaly, with 363 thousand dollars spent, confirmed its commitment to strengthening women's football, a sector that continues to gain importance in the national and international sports panorama.