Football Agents Earned Nearly $1 Billion in 2023 International Transfers, FIFA Reports

Must read

By Daniel Edu

In 2023, football agents raked in an astonishing sum of nearly $1 billion in agent fees from international transfers, according to FIFA, the world’s football governing body.

FIFA’s “International Transfer Snapshot” report reveals that clubs worldwide spent a total of $7.36 billion in player transfer fees between June 1, 2023, and September 1, 2023. This represents a remarkable increase of 47.2% compared to the previous year, as reported following the conclusion of the 2023 summer transfer window in major European leagues.

Additionally, the fees paid to football agents in women’s football saw a substantial surge, with an increase of 140.8%, reaching a total of $3 million.

During the most recent transfer window, agents received a combined compensation of $696.6 million, accounting for nearly 10% of the total expenditure on transfer fees, as per FIFA’s data.

FIFA further notes that, despite three months remaining in the year, the total service fees paid to club agents since the beginning of the year have already reached $865 million. This marks the highest total ever recorded and is 38.8% higher than the entire sum for 2022.

It’s worth acknowledging that the actual amounts paid to agents are likely “substantially higher” since the statistics do not encompass transactions that occur between clubs within the same country.

The study also reveals that there were 10,125 international transfers involving players from different countries in men’s football during the summer transfer window, representing a 2.2% increase, with spending surging by more than 45%. Notably, over 75% of international transfer moves included at least one European team.

Furthermore, clubs affiliated with the Asian Football Confederation, including Saudi Arabia, accounted for $1.03 billion, or 14% of the total international transfer expenditure. This marks the first time in history that a league outside of Europe has contributed more than 10% to the total international transfer spending.

Copyright DAYBREAK.

All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from DAYBREAK NEWS.

- Advertisement -

More articles


Please enter your comment!
Please enter your name here

- Advertisement -

Latest article