The 469th CIES Football Observatory Weekly Post compares the transfer fees invested by clubs worldwide (including add-ons) between the summers 2023 and 2024. In both cases, the period taken into account runs from 1 June to 3 September.

Overall, the expenditure fell by 10%, from €9.53 billion to €8.58 billion. English Premier League clubs were once again the biggest spenders (€2.57 billion), although their investments were also down (-€426 million, -14%). The Dutch Eredivisie saw the biggest drop in relative terms (-63%) ahead of the Saudi Pro League (-45%).

In the other leagues of the European big-5, a decline was recorded in the German Bundesliga (-€180 million, -22%) and France’s Ligue 1(-€194 million, -19%), while investment rose in Italy’s Serie A (+€232 million, +25%), with stable figures in the Spanish Liga. The biggest relative increase among the 20 most active leagues was in the Brasileirão (+€115 million, +180%), mainly due to the arrival of foreign capital in club ownerships.