Categories: NEWS

FIFA Releases Mid-Year All-Time Top Figure Transfer Fees Window

FIFA Releases

 

OpenLife Nigeria reports that Federation of International Football Association, FIFA, has published its International Transfer Snapshot between June 1 –September 1, 2023, according to  FIFA source.

It is an analysis of the international player transfer activity during the 2023 mid-year transfer window, which reveals a number of all-time high figures in both men’s and women’s football.

An all-time top figure of USD 7.36 billion was spent on transfer fees in the 2023 mid-year window, which represents an increase of 47.2% compared to the 2022 mid-year period and 26.8% compared to the previous mid-year record set in 2019.

Emilio García Silvero, FIFA Chief Legal & Compliance Officer, commented: “England topped the list in the 2023 mid-year period when it came to spending on transfer fees (USD 1.98 billion), the number of incoming transfers (449) and the number of outgoing transfers (514).

Germany, however, was the number one in terms of receipts from transfer fees (USD 1.11 billion) – this being the first time ever that clubs from a single association have received more than USD 1 billion in the mid-year transfer window alone.”

Saudi Arabia was the number two in spending with a total of USD 875.4 million, ahead of France (USD 859.7 million), Germany (USD 762.4 million), Italy (711.0 million) and Spain (USD 405.6 million).

As a result, clubs from the AFC region accounted for 14.0% of the global transfer spending, marking the first time that teams from a confederation other than UEFA have surpassed 10% of the total.

In relation to the women’s game, Mr García Silvero added: “The number of transfers during the mid-year registration period also increased for the sixth year in a row, with 829 transfers, 66 of which were with fees.

These are both new records, with +19.1% and +83.3% respectively.” Europe was also dominant in the women’s game, with 634 incoming and 565 outgoing transfers.

Germany came out on top in terms of the number of incoming transfers (55), whereas France led the way in outgoing transfers, with a total of 53. Spending on transfer fees in the women’s game more than doubled compared to the 2022 mid-year window, reaching a new mid-year record of USD 3.0 million.

Agent fees also reached a new high, with USD 696.6 million paid during the mid-year window, bringing the total for 2023 to date to USD 853.0 million, which is 36.9% higher than in the whole of 2022 and more than in any other year.

In January 2024, FIFA will publish an in-depth analysis of the characteristics of international transfers concluded over the course of the whole year (2023).

FIFA

 

 

 

Share This
Openlife Reporter

Recent Posts

FairMoney Microfinance Bank Managing Director, Henry Obiekea, Reflects On How Nigeria’s Banking Sector Can Maximise Recapitalisation Benefits

FairMoney Microfinance Bank through its Managing Director talks about the bank's profound readiness and contributions…

2 hours ago

Patients Groan Over LUTH Crises As Management Accuses Resident Doctors Of ‘Unfunded’ Meal Request, Lists Annual 6 Times For Free Food

Resident Doctors at the Lagos University Teaching Hospital have paralysed medical services over management's refusal…

3 hours ago

Mr Common Sense Wins Top 100 Industrious Youths in Africa Award, Strengthens Reputation As A Respected Social Justice Advocate

Mr Common Sense sees recognition as being a by-product of purpose rather than the ultimate…

13 hours ago

Sir Anthony Chiejina, VGC Sub-Council Grand Knight, Calls For Prudence As Basis for Christian Leadership Foundation

The Order of the Knights of St. Mulumba (KSM), Victoria Garden City (VGC) Sub-Council, Lagos…

17 hours ago

Dickson Boadi Reflects On Stonebwoy’s Remarkable Progress As Sam Rallies Support For August 15 OVO Arena Concert

Dickson Boadi, a media practitioner and public relations expert  has applauded  Stonebwoy's success story and…

18 hours ago

Davido Draws Battle Line With MC Oluomo Over Osun August 15 Election

Davido Draws Battle Line With MC Oluomo as August governorship election draws near

20 hours ago

This website uses cookies.