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    Home - MarketForces News - 11,000 Players Move in Summer for $6.46bn
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    11,000 Players Move in Summer for $6.46bn

    Julius AlagbeBy Julius AlagbeSeptember 3, 2024No Comments2 Mins Read
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    11,000 Players Move In Summer For $6.46Bn
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    11,000 Players Move in Summer for $6.46bn

    The summer transfer window has seen a record 11,000 players around the world join new clubs in men’s football, with $6.46 billion spent, the ruling body FIFA said on Tuesday.

    FIFA said in its International Transfer Snapshot covering the period June 1 to Sept. 2 that spendings were only exceeded in 2023 when 10,490 players moved for $7.43 billion.

    English clubs led the way in money spent on new players ($1.69 billion), received for departing players ($1.25 billion), as well as for the number of players arriving (526) and leaving (523).

    Even smaller clubs such as Bournemouth, Brighton & Hove Albion and promoted Ipswich Town were able to spend more than $100 million on new players.

    Italy followed with $825 million spent, ahead of France ($697 million) Spain ($599 million), Germany ($572 million) and Saudi Arabia ($431 million) which had splashed out big sums 12 months ago.

    Italian clubs spent almost double the $425 million they received for player sales, while French sides generated more with $756 million than they spent.

    The biggest summer transfer was the move of Argentina forward Julian Alvarez from Manchester City to Atlético Madrid for around €75 million ($83 million), plus add-ons.

    The women’s game meanwhile saw spendings more than doubled from 2023 to a record $6.8 million, with 1,125 players moving also a record, up from 853 last year. #11,000 Players Move in Summer for $6.46bn

    Fuel to Hit Stations in 48hrs –Dangote

    FIFA
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    Julius Alagbe
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    Julius Alagbe has about 2 decades of experience in finance, accounting and economics. A fantastic financial analyst with experience in the media, research and consulting industry.With an education background from top global institutes like Imo State University, the Association of Chartered Certified Accountants (ACCA), the Chartered Institute of Administration/Nigerian College of Administration, and Julius has focused on anything that trends, figures, and projections can explain.Apart from his reportage skills, Julius has cut his teeth in Due Diligence, Advisory Service, Research, and Training.

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