{"id":44790,"date":"2024-09-19T22:45:13","date_gmt":"2024-09-19T22:45:13","guid":{"rendered":"https:\/\/www.safebettingsites.com\/?p=44790"},"modified":"2024-09-19T22:45:13","modified_gmt":"2024-09-19T22:45:13","slug":"global-spending-on-football-transfers-down-by-10-5-in-2024","status":"publish","type":"post","link":"https:\/\/www.safebettingsites.com\/2024\/09\/19\/global-spending-on-football-transfers-down-by-10-5-in-2024\/","title":{"rendered":"Global spending on football transfers down by 10.5% in 2024"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">After two years of growth, the footballing world witnessed a decline in the expenditure on transfers in 2024. According to numbers presented by <a href=\"https:\/\/www.safebettingsites.com\/\">SafeBettingSites.com<\/a>, football clubs spent <\/span><span data-preserver-spaces=\"true\">a total of<\/span><span data-preserver-spaces=\"true\"> \u20ac10.96 billion on transfers in 2024. This amount represented a decline of 10.5% from the amount of money spent on transfers last year.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Spend on transfers reduced to \u20ac10.96 billion in 2024<\/span><\/h2>\n<figure id=\"attachment_44791\" aria-describedby=\"caption-attachment-44791\" style=\"width: 870px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-44791 \" title=\"global transfer fees\" src=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/09\/euro-prize-money-24.png\" alt=\"\" width=\"870\" height=\"800\" srcset=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/09\/euro-prize-money-24.png 1400w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/09\/euro-prize-money-24-300x276.png 300w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/09\/euro-prize-money-24-1024x942.png 1024w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/09\/euro-prize-money-24-768x707.png 768w\" sizes=\"(max-width: 870px) 100vw, 870px\" \/><figcaption id=\"caption-attachment-44791\" class=\"wp-caption-text\"><em>*transfer spending includes add-ons<\/em><\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Now that the summer transfer windows are over globally, one can analyse the ongoing trends in transfer expenditures in football. According to the latest analysis from CIES, football clubs spent a total of \u20ac10.96 billion during 2024. This figure includes the money spent on transfers in both winter and summer transfer windows.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The money spent on transfers in 2024 represents a significant downturn from what was spent in 2023, as clubs had spent around \u20ac12.24 billion on transfers last year. Thus, the transfer expenditure <\/span><span data-preserver-spaces=\"true\">witnessed a decrease of<\/span><span data-preserver-spaces=\"true\"> \u20ac1.28 billion, or 10.5%, in 2024.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">A look at the past data from 2015 onwards informs that the global transfer spend increased from \u20ac5.88 billion in 2015 to \u20ac9.99 billion in 2019. The growth was gradual, <\/span><span data-preserver-spaces=\"true\">with the exception of<\/span><span data-preserver-spaces=\"true\"> 2018 when the transfer spending took a dip from the previous year.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">COVID-19 hit the footballing world in 2020, and the clubs were financially incapacitated. Understandably, the transfer expenditure took a hit, and the spending on transfers dropped by almost 25% to \u20ac7.51 billion. In 2021, the <\/span><span data-preserver-spaces=\"true\">spending<\/span><span data-preserver-spaces=\"true\"> further decreased by 20.2% to \u20ac5.99 billion, almost down to the levels of the expenditure in 2015.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, the footballing industry rebounded from the pandemic in 2022, and the expenditure on transfers rocketed to \u20ac9.34 billion, indicating an increase of 56%. A further increase of 31% followed in 2023 as the clubs globally spent a record total of \u20ac12.24 billion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Unexpectedly, the global transfer market took a hit in 2024 as clubs decided to be more cautious with their money this year. As stated above, the spending on transfers dropped by 10.5% to \u20ac10.96 million this year.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After two years of growth, the footballing world witnessed a decline in the expenditure on transfers in 2024. According to numbers presented by SafeBettingSites.com, football clubs spent a total of \u20ac10.96 billion on transfers in 2024. This amount represented a decline of 10.5% from the amount of money spent on transfers last year. Spend on &hellip; <\/p>\n","protected":false},"author":83,"featured_media":3835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.9.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Global spending on football transfers down by 10.5% in 2024 - safebettingsites.com<\/title>\n<meta name=\"description\" content=\"After two years of growth, the footballing world witnessed a decline in the expenditure on transfers in 2024. According to numbers presented by SafeBettingSites.com, football clubs spent a total of \u20ac10.96 billion on transfers in 2024. This amount represented a decline of 10.5% from the amount of money spent on transfers last year. Spend on &hellip;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.safebettingsites.com\/2024\/09\/19\/global-spending-on-football-transfers-down-by-10-5-in-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global spending on football transfers down by 10.5% in 2024 - safebettingsites.com\" \/>\n<meta property=\"og:description\" content=\"After two years of growth, the footballing world witnessed a decline in the expenditure on transfers in 2024. According to numbers presented by SafeBettingSites.com, football clubs spent a total of \u20ac10.96 billion on transfers in 2024. This amount represented a decline of 10.5% from the amount of money spent on transfers last year. Spend on &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.safebettingsites.com\/2024\/09\/19\/global-spending-on-football-transfers-down-by-10-5-in-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"safebettingsites.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-19T22:45:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2020\/10\/Football_players_market_value_cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Vyom Chaud\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@SafeBettingSite\" \/>\n<meta name=\"twitter:site\" content=\"@SafeBettingSite\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Vyom Chaud\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.safebettingsites.com\/2024\/09\/19\/global-spending-on-football-transfers-down-by-10-5-in-2024\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.safebettingsites.com\/2024\/09\/19\/global-spending-on-football-transfers-down-by-10-5-in-2024\/\"},\"author\":{\"name\":\"Vyom Chaud\",\"@id\":\"https:\/\/www.safebettingsites.com\/#\/schema\/person\/7de399c44378fcfe22ec3e5a26cec4b9\"},\"headline\":\"Global spending on football transfers down by 10.5% in 2024\",\"datePublished\":\"2024-09-19T22:45:13+00:00\",\"dateModified\":\"2024-09-19T22:45:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.safebettingsites.com\/2024\/09\/19\/global-spending-on-football-transfers-down-by-10-5-in-2024\/\"},\"wordCount\":319,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.safebettingsites.com\/#organization\"},\"articleSection\":[\"Uncategorized\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.safebettingsites.com\/2024\/09\/19\/global-spending-on-football-transfers-down-by-10-5-in-2024\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.safebettingsites.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.safebettingsites.com\/2024\/09\/19\/global-spending-on-football-transfers-down-by-10-5-in-2024\/\",\"url\":\"https:\/\/www.safebettingsites.com\/2024\/09\/19\/global-spending-on-football-transfers-down-by-10-5-in-2024\/\",\"name\":\"Global spending on football transfers down by 10.5% in 2024 - 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He has been writing about the beautiful game for the last 6 years contributing articles to The Daily Mail, Vocal, Fan Sided and many other publications. He can spin stories with numbers and thinks data is beautiful. An avid Arsenal fan, he spends most of his time dissecting the nuances of the game. He has played football, cricket and badminton at an amateur level.\",\"url\":\"https:\/\/www.safebettingsites.com\/author\/vyom\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Global spending on football transfers down by 10.5% in 2024 - safebettingsites.com","description":"After two years of growth, the footballing world witnessed a decline in the expenditure on transfers in 2024. According to numbers presented by SafeBettingSites.com, football clubs spent a total of \u20ac10.96 billion on transfers in 2024. This amount represented a decline of 10.5% from the amount of money spent on transfers last year. 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