Clubs in the Premier League spent $1,094 million on international transfer fees in 2013, including over $82 million on agent fees, according to a FIFA report.
While the Premier League topped the table, Italian clubs were the second highest spenders at $474 million, with French clubs spending $417 million, Spanish clubs $318 million and German clubs $238 million.
The nation with the most players sold overseas was Brazil, with 1,558 players changing clubs during the year, or 13% of the total.
Though they were only fourth on the expenditure list, Spanish clubs led the way on transfer income, netting $248 million in overseas sales.
“There are just a very few clubs making very big moves and that is skewing the market, but the rest of the market is very stable,” said Mark Goddard, general manager of Fifa’s Transfer Matching System, via the BBC.
During 2013 the largest sale by a Premier League club was Gareth Bale’s $140 million move to Real Madrid from Tottenham, while Mesut Ozil’s $70 million departure from the Spanish capital to Arsenal was the highest fee paid.