Transfer market report: exclusive analysis
The 97th Monthly Report of the CIES Football Observatory analyses the financial flows of transfer operations occurred over the last decade. Despite a 10% drop compared to the record year of 2023, the amount of transfer fees invested by clubs worldwide remained at a very high level in 2024: €10.96 billion including add-ons. This is the second highest figure ever recorded.
With about €23 billion of transfer fees committed over the last decade, the English Premier League stands out clearly (28% of the total), followed by the Italian Serie A (€10.8 billion). The Premier League is also the competition with the most negative net spending since 2015 (-€11.5 billion), followed by the Saudi Pro League (-€1.8 billion). In contrast, the Portuguese Primeira Liga (+€2.3 billion) is ahead of the English Championship, the Dutch Eredivisie and the Brazilian Serie A.
In terms of individual clubs, Chelsea stands out with a record €2.78 billion invested in transfer fees over the last decade. This is 42% more than the next two biggest spenders: Manchester City and Manchester United. The latter team has the most negative net transfer balance over the last decade (-€1.30 billion) ahead of Chelsea and Paris St-Germain. Conversely, Portugal’s SL Benfica has the most positive net spending (+€816 million), well ahead of Ajax and RB Salzburg.
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>>> Updated Weekly Post on last summer window’s analysis per league
