FIFA reports $7B spent on summer transfers, who leads in spending?
The governing body of soccer reported that a total of $7.36bn was spent during the summer while agents’ fees for 2023 hit a record annual high of $696.6m.
A grand total of $7.36bn was spent during the summer transfer window as reported by FIFA. A lot of the spending came from the usual places but also had the big arrival of the Saudi Pro League. Agents took home a record high of $696.6m in agent fees during the red-hot summer.
The Saudi spending spree accounts for 10 percent of the total summer transfer window; it was the first time a confederation other than UEFA contributed such a high percentage.
The Saudi Pro League only ranked behind the Premier League in total spend during the summer here are how the other leagues stacked up in comparison.
Summer transfer fee spending
The Premier League spent just under $2bn in summer transfers followed by the Saudi Pro League that spent $873m in the summer for top talents like Neymar and Jota. $858m was spent by teams in France followed by Germany with $760m.
Spanish teams spent half that with a total spend of $405m, while Germany was the first country to have a total sum of $1.11bn earned from transfer sales during the summer.
Kelvin Loyola is a seasoned content writer and journalist at Bolavip, boasting over 15 years of experience in sports journalism and marketing. He has covered a wide array of sports including the USMNT, MLS, Premier League, LaLiga, Serie A, Ligue 1, and Liga MX, as well as the NBA, MLB, NHL, and various entertainment topics. Prior to his journalism and marketing career, Kelvin worked in post-production, contributing to numerous movie, television, and digital projects. He also brings expertise in project management, social media, and web development. A graduate of Queens College with a degree in Media Studies, Kelvin is bilingual, fluent in both English and Spanish. His passions extend beyond his career to include soccer, marketing, photography, surfing, and pop culture, particularly comics.
