Global clubs spend $9.89 billion on transfers

FIFA announced that football clubs' spending on international transfer fees for men exceeded $9.89 billion this summer, the highest figure since the introduction of the transfer system. Over 12,500 transfer deals were recorded worldwide, marking an increase from last year, with English clubs investing more than $3.02 billion, despite their official record being $4.7 billion. Women's football also saw a record-breaking surge in spending, with transfer deals totaling $28.6 million and 1,406 transfers registered, representing a 19.2% increase over the previous figure.

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