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Winter 2026 Transfers: Spending Drops as Move Count Sets Record

FIFA counted a record volume of international moves despite Transfermarkt’s lower fee total versus last January.

Overview

  • Transfermarkt’s tally for January 1–February 5 shows about €1.68 billion in fees, down from roughly €2.49 billion in the same 2025 period.
  • Manchester City’s acquisition of Antoine Semenyo from Bournemouth for around €72 million was the window’s biggest transfer.
  • Premier League clubs led spending at approximately €453 million, outpacing all other leagues.
  • Spending patterns diverged by league, with declines in Ligue 1 and the Bundesliga and increases in Serie A, the Süper Lig and LaLiga.
  • FIFA logged more than 5,900 international men’s transfers, and women’s winter fees surpassed $10 million for the first time.