FIFA has revealed that international soccer clubs spent a staggering $8.59 billion on international transfers in 2024, marking the second-highest figure in history, just behind 2023's record-breaking $9.63 billion.
The Global Transfer Report highlighted a record 22,779 international transfers in men's soccer, with English clubs leading the spending spree.
Paris Saint-Germain emerged as the top European spender, while Julian Alvarez’s transfer from Manchester City to Atletico Madrid was the most expensive deal, valued at approximately $78.26 million plus add-ons.
The surge in spending reflects the growing financial muscle of top clubs, with FIFA’s Chief Legal and Compliance Officer Emilio García Silvero stating, “The financial strength of clubs, particularly in Europe, continues to shape the global transfer market.”
Women's soccer also saw significant growth, with a record $15.6 million spent on international transfers.
Chelsea and Bay FC were the biggest spenders, with Chelsea's acquisition of Naomi Girma becoming the first million-dollar transfer in women's soccer history.
FIFA's Director of Football Regulatory James Kitching noted, “The increasing investments in women’s football are a clear sign of the sport’s global rise.”
The report revealed a 4.3% increase in amateur soccer transfers, further showcasing the sport’s expanding international reach.
Speaking on the future of transfers, FIFA President Gianni Infantino stated, “We continue to see record-breaking numbers, and we expect even greater movement as clubs invest more in top talent worldwide.”
With clubs spending at an unprecedented rate, the global transfer market remains a key driver in the evolving landscape of football.
The Orlando Pride have made a significant addition to their roster by acquiring Spanish defender Oihane Hernández from Real Madrid Femenino.
Hernández, a 2023 World Cup champion with Spain, has signed a two-year contract through the 2026 season, with a mutual option for 2027.
Haley Carter, the Pride's Vice President of Soccer Operations and Sporting Director, stated, "Oihane is a technically gifted defender who excels in both defensive organization and distribution from the back. She brings world-class experience and a championship mindset from her time with Spain ... ."
Hernández, 24, began her professional career with Athletic Club, making over 100 appearances before joining Real Madrid in 2023.
During her tenure with Real Madrid, she featured in 31 matches and provided two assists.
Expressing her excitement about the move to Orlando, Hernández said, "I'm excited to join the Orlando Pride ... ."
Her international experience, highlighted by her contributions to Spain's World Cup victory, is expected to bolster the Pride's defensive lineup in the upcoming NWSL season.
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