In its latest statistical breakdown of the game's finances, the CIES Football Observatory in Switzerland has analyzed transfer spending data from the past decade to determine which clubs have been the most active in the market. The study covers the current season, as well as cumulative figures for the last five and 10 seasons, involving 169 clubs from 24 countries.
European clubs from the major leagues lead the way, with 14 surpassing €1 billion in spending, and one Premier League club exceeding the €2 billion mark.
