• Loading stock data...
Thursday, November 14, 2024

English Soccer Clubs Spend Record $2B on Transfers

  • The player transfer market reached new heights in England in 2022.
  • Globally, soccer teams spent $6.5 billion on player contracts.
Premier-League-soccer
Premier League

The market for soccer players among U.K. clubs has never been bigger.

In 2022, English teams spent more than $2 billion on player contracts for the first time, according to FIFA’s Global Transfer Report.

  • The 100 most expensive transfers accounted for nearly half of the almost $2.2 billion.
  • The global transfer market hit $6.5 billion in fees, up from $4.9 billion in 2021. The top 10 transfers accounted for 12.5% of that sum.
  • French teams were the biggest recipients of transfer fees, bringing in $740.3 million.

Men’s professional soccer saw 20,209 international transfers in the year, up 11.6% year-over-year and topping 2019 levels as well. Women’s team transfers grew 19.3% to 1,555, reaching a total spend of $3.3 million.

Hot Team Market

At least two Premier League clubs are expected to be sold soon, with Manchester United potentially changing hands in the coming weeks. 

Liverpool is also on the block, stoking speculation that owner Fenway Sports Group could be looking to buy an NFL team such as the Washington Commanders or found an NBA team if the league expands.

Everton is looking for investors, but isn’t expected to sell a controlling stake.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NBA Cup Courts Receive Mixed Reviews in Year 2 Debut

All 30 teams have special courts for the tournament games.

NHL’s Smallest-Market Team Is Breaking Records, Securing Its Future

Both wins and attendance are way up for the often-overlooked NHL franchise.

NFL TV Ratings Up Big on Major Networks, but There’s a Caveat

This NFL season has been marked by new media trends.

Will Drew Brees Get a Second Chance on TV?

Brees was unsuccessful in his first TV stint, but wants another shot.
podcast thumbnail mobile
Front Office Sports Today

Will Drew Brees Return to Broadcasting?

0:00

Featured Today

Former President Donald Trump waves to the crowd as he exits the putting green with his aide Walt Nauta, left, during the final round of the LIV Golf Bedminster golf tournament at Trump National Bedminster on Sunday, Aug. 13, 2023.
opinion

Trump Win Puts Sports Back in the White House

With Trump back in the White House, sports get more political again.
Members of the NY Giants run onto the field to start the game between the New York Giants and the Washington Commanders at MetLife Stadium in East Rutherford on Sunday, Nov. 3, 2024.
November 8, 2024

The NFL Is Becoming the League With No Borders

Where will the NFL go next? International expansion will only get bigger.
November 5, 2024

NFL Center Connor McGovern Is the Heir to a Potato Empire

The NFL vet’s family provides potatoes for McDonald’s, Wendy’s, and others.
Vanderbilt Commodores fans head to the south end zone as the goal post is taken down by exuberant fans after beating No. 1 Alabama 40-35 at Vanderbilt Stadium in Nashville, Tenn., Saturday, Oct. 5, 2024.
opinion
November 2, 2024

Something New in College Football This Year: Parity

Upsets, surprises. CFB is more fun on the field than the NFL.
Nov 8, 2024; Minneapolis, Minnesota, USA; Portland Trail Blazers guard Anfernee Simons (1) works around Minnesota Timberwolves guard Donte DiVincenzo (0) in the third quarter at Target Center.

Trail Blazers Troll Fan With Gambling Addiction Helpline

The official account suggested that a complaining fan on X/Twitter should call 1-800-GAMBLER.
November 10, 2024

Bucks Limited by Salary Cap Woes Amid Early-Season Struggles

Milwaukee is one of four teams above the NBA’s second apron this season.
Nov 10, 2024; Arlington, Texas, USA; Philadelphia Eagles quarterback Jalen Hurts (1) throws a pass against the Dallas Cowboys in the game at AT&T Stadium.
November 11, 2024

Why Won’t Jerry Jones Hang Curtains for Cowboys Games?

AT&T Stadium put up curtains for “WrestleMania” and The Eras Tour.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
November 7, 2024

Cardinals Return to DSG at Reduced Fee, but Company’s Issues Remain

The team’s revised rights deal includes a lowered fee and newly added streaming rights.
November 6, 2024

Chiefs Eye Perfect Season, Three-Peat, and Capitalizing Off the Field

Despite injuries and an abnormally low average margin of victory, the wins keep coming for Kansas City.
November 5, 2024

Twins At Crossroads: Team Sale, Media Shifts, and Rising Competition

Team officials look to maintain “business as usual” amid growing uncertainty.
November 5, 2024

Sorry, Sacramento: Your MLB Team Will Only Be Known As the Athletics 

The club’s new “brand transition guidelines” remove any reference to a place.