Premier League clubs overtaken as top January transfer spenders for first time since 2017

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Premier League clubs overtaken as top January transfer spenders for first time since 2017

French men’s clubs recorded the highest international expenditure on transfer fees during the January transfer window, marking the first time since 2017 that English sides have not been the highest spenders in January.

According to FIFA’s international transfer snapshot report for January 2024, French clubs spent a total of $291.9million during the window.

Despite 11 Premier League teams spending no money in January, clubs in England still had the second highest overall transfer spend with $184m.

Total spending on transfer fees in the men’s game totalled at $1.46billion, the second-highest amount from any January window, bettered only by the record $1.57bn spent in January 2023. This came despite spending by Premier League clubs falling from to $1bn (£815m) to $143m (£112m), with certain clubs cautious about the league’s profit and sustainability rules (PSR).

Germany ($151.8m), Spain ($148.7m) and Brazil ($122.6m) complete the top five for total club expenditure.

Spending (USD) per nation in January

NationJanuary spend (USD)

France

291.9m

England

184m

Germany

151.8m

Spain

148.7m

Brazil

122.6m

Italy

82.2m

USA

48.2m

Portugal

41.5m

Argentina

41m

Belgium

28.4m

The spend from French clubs, a 121.1 per cent increase on their expenditure from January 2023, saw four Ligue 1 sides — Paris Saint-Germain, Marseille, Rennes, Lyon and Nice — spend in excess of $20m.

Lyon had the biggest outlay, spending more than $50m on seven new arrivals: Malick Fofana, Gift Orban, Orel Mangala, Said Behrahma, Adryelson, Lucas Perri and Nemanja Matic.

PSG spent $40m on the additions of Lucas Beraldo from Sao Paulo and Gabriel Moscardo from Corinthians. This contributed to clubs in Brazil leading on received transfer fees, totalling $251.2m.

The women’s game saw a record spend for a January window of $2.1m. This marked the second record-breaking transfer window in a row following the $3m spent last summer.

Chelsea contributed considerably to the January spend after signing striker Mayra Ramirez from Levante for a world record fee of €450,000.

Although, like in the men’s game, the majority of the transfers were associated with out of contract players, there was a 33 per cent increase in player transfers including a transfer fee within the women’s game.

Clubs in England and Spain conducted the most transfer activity, with 29 incomings each.

(Marc Atkins/Getty Images)