Newcastle's Nick Woltemade, left, and Manchester City's Nico O'Reilly fight...

Newcastle's Nick Woltemade, left, and Manchester City's Nico O'Reilly fight for the ballduring the English League Cup semifinal soccer match soccer match between Manchester City and Newcastle in Manchester, England, Wednesday, Feb. 4, 2026. Credit: AP/Dave Thompson

ZURICH — A record number of 5,973 international transfers were recorded in the January trading window for men’s soccer, according to a FIFA report released Thursday.

That marks a 3% increase from the previous year in global deals between clubs in the countries that are processed by FIFA.

However, the total spending was down about 18% from last year's record, to $1.95 billion. That's still some 20% more than the previous record from January 2023, FIFA said.

In women’s soccer, clubs spent more than $10 million on international transfers, up 85% from the previous record a year ago, while the number of international transfers was down by 6% to 420.

England tops spending

English clubs were again the biggest spenders with a $363 million outlay on transfer fees and recouped just $150 million by selling players to clubs in other countries. Italy followed in second with $283 million, with Brazil, Germany, and France also making the top five.

French clubs benefited most, earning $218 million in transfer sales, followed by Italy, Brazil, England and Spain.

In the United States, clubs spent $99 million and took in $48 million in transfer fees, according to the FIFA research.

English women’s clubs also topped the spending with over $5 million, and also were the biggest earners.

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