ZURICH: A record number of 5,973 international transfers were recorded in the January trading window for men’s soccer, according to a FIFA report released Thursday.

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That marks a 3 percent increase from the previous year in cross-border deals between clubs in different countries, where the transactions are processed by FIFA.

However, the total spending was down about 18 percent from last year’s record, to $1.95 billion. That’s still some 20 percent more than the previous record from January 2023, FIFA said.

In women’s soccer, clubs spent more than $10 million on international transfers, up 85 percent from the previous record a year ago, while the number of international transfers was down by 6 percent to 420.