New Delhi: Global governing body FIFA announced on Wednesday that clubs around the world spent nearly $10 billion on international transfers in the close season window, an all-time high figure denoting an increase of over 50% compared to the same period in 2024.

Clubs registered nearly 12,000 transfers from June 1 to September 2, 2025, a new record, while women’s football also set a new benchmark with over 1,100 transfers where the fees exceeded $12 million.

“We have observed a transfer market in full swing both in men’s and women’s football,” Emilio Garcia Silvero, FIFA’s chief legal & compliance officer, said in a statement.

“While this is a relevant development in men’s football a year ahead of the FIFA World Cup 2026, the increasing figures in women’s football transfers are equally........

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