English clubs are spending more money in the international transfer market than any other country in the world according to a FIFA report published yesterday.
The findings of the 2015 FIFA/TMS Global Transfer Market Systems Report, covering the last 12 months, shows English clubs spent more than $770 million on foreign players –about $308 million (67 per cent) more than their nearest rivals Spain.
In total, clubs around the world spent $4.06 billion signing players from outside their own borders. The report does not include domestic transfers.
Brazil is the most active country in terms of international transfers with 1,335 deals – incoming and outgoing – followed by England with 1,263 and Portugal with 823.
The FIFA/TMS partnership was established in 2007 with the transfer matching system (TMS) set up to facilitate and monitor international transfers.