Most expensive football transfer record: €1bn deal could happen by 2031

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Updated: 11 Jul 2026 11:11 BST |
5 min read

Kylian Mbappe, Vinicius Junior, Erling Haaland
© IMAGO
FT Desk

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Football’s first €1 billion transfer is a matter of years away, with Neymar’s record predicted to fall by 2031.

The Brazil international made a €222 million switch from Barcelona to PSG in the summer of 2017 in a deal that remains the most expensive football transfer in history.

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No club has come close to breaking that mark in the near decade since, with Kylian Mbappe’s €180m move from Monaco to Paris that same summer (initially on a loan with an obligation to purchase), still the second-highest deal.

But don’t expect these marks to stand for too much longer.

According to research that appeared in The Beautiful Game report, which assesses current spending patterns, inflation, and the increasing impact that signing superstar players can have on clubs financially, football’s first €1bn transfer will arrive by 2031.

The report states that, on average, the price of signing top stars is increasing by 37% year on year. In the summer of 2025, Liverpool broke the British transfer record twice to sign Florian Wirtz from Bayer Leverkusen and then Alexander Isak from Newcastle for €125m and €145m, respectively.

Players are becoming more and more expensive not just due to their exploits on the pitch, but also the increased revenue they bring to a club via sponsorships, social media followers and merchandising.

Indeed, there has already been speculation that a €1bn deal could be in the pipeline. Real Madrid’s Vinicius Junior had been rumoured to make such a move to the Saudi Pro League for that figure, and while this has since quietened, there are clubs with the capacity to make such a historic agreement.

Neymar is the most expensive footballer in history
© IMAGO – Neymar is the most expensive footballer in history

World record transfers

Neymar’s move to PSG saw him claim the title for the biggest transfer of all time from Paul Pogba.

Pogba had previously set the all-time transfer record in 2016, with his move from Juventus to Manchester United costing €105m.

Paul Pogba, Manchester United
© ProShots – Paul Pogba, Manchester United

Gareth Bale, who left Tottenham for Real Madrid in 2013 in a €101m deal, held the record prior to Pogba and Neymar.

That move ended a four-year stay in top spot for Cristiano Ronaldo, whose own move to Madrid from Man Utd cost €94m in 2009. Such has been the rapid increase in market values, that move no longer even sits in the top 10.

Other holders of the world record transfer since the turn of the century have included Kaka (2009), Zinedine Zidane (2001), Luis Figo (2000) and Hernan Crespo (2000).

The transfer record changed hands five times between 1996 and 1999, being held by Ronaldo and Alan Shearer before the Brazilian striker won it back by joining Inter in 1997. He is the only player since the late Diego Maradona to hold the record twice.

After Ronaldo, Denilson and Christian Vieri then took the honour.

The 50 most expensive transfers ever

Player Clubs Fee Year
1. Neymar Barcelona to PSG €222m 2017
2. Kylian Mbappe Monaco to PSG €180m 2018
3. Ousmane Dembele Dortmund is Barcelona €148m 2017
4. Alexander Isak Newcastle to Liverpool €145m 2025
5. Philippe Coutinho Liverpool to Barcelona €135m 2018
6. Joao Felix Benfica to Atletico Madrid €127.2m 2019
7. Florian Wirtz Bayer Leverkusen to Liverpool €125m 2025
8. Enzo Fernandez Benfica to Chelsea €121m 2023
9. Antoine Griezmann Atletico Madrid to Barcelona €120m 2019
10. Jack Grealish Aston Villa to Man City €117.5m 2021
11. Cristiano Ronaldo Real Madrid to Juventus €117m 2018
12. Declan Rice West Ham to Arsenal €116.6m 2023
13. Moises Caicedo Brighton to Chelsea €116m 2023
14. Eden Hazard Chelsea to Real Madrid €115m 2019
15. Romelu Lukaku Inter to Chelsea €113m 2021
= Jude Bellingham Dortmund to Real Madrid €113m 2023
17. Paul Pogba Juventus to Man Utd €105m 2016
18. Gareth Bale Tottenham is Real Madrid €101m 2013
19. Kai Havertz Bayer Leverkusen to Chelsea €100m 2020
20. Harry Kane Tottenham to Bayern €95m 2023
= Randall Cole Muani Eintracht Frankfurt to PSG €95m 2023
= Antony Ajax to Man Utd €95m 2022
23. Cristiano Ronaldo Man Utd to Real Madrid €94m 2009
24. If Gvardiol RB Leipzig to Man City €90m 2023
= Neymar PSG to Al-Hilal €90m 2023
= Gonzalo Higuain Napoli to Juventus €90m 2016
27. Neymar Santos to Barcelona €88m 2013
28. Harry Maguire Leicester to Man Utd €87m 2019
29. Frenkie de Jong Ajax to Barcelona €86m 2019
30. Matthijs de Ligt Ajax to Juventus €85.5m 2019
31. Dusan Vlahovic Fiorentina to Juventus €85.4m 2022
32. Jadon Sancho Dortmund to Man Utd €85m 2021
= Darwin Nunez Benfica to Liverpool €85m 2022
34. Virgil van Dijk Southampton to Liverpool €84.7m 2018
= Romelu Lukaku Everton to Man Utd €84.7m 2017
36. Luis Suarez Liverpool to Barcelona €81.7m 2014
37. Arthur Melo Barcelona to Juventus €80.6m 2020
38. Wesley Fofana Leicester to Chelsea €80.4m 2022
39. Aurelien Tchouameni Monaco to Real Madrid €80m 2022
= Nicolas Pepe Lille to Arsenal €80m 2019
= Lucas Hernandez Atletico Madrid to Bayern €80m 2019
= Kepa Arrizabalaga Athletic Club to Chelsea €80m 2018
= Hugo Ekitike Eintracht Frankfurt to Liverpool €80m 2025
= Khvicha Kvaratskhelia Napoli to PSG €80m 2025
= Anthony Gordon Newcastle to Barcelona €80m 2026
46. Victor Osimhen Lille to Napoli €78.9m 2020
47. Rasmus Hojlund Atalanta to Man Utd €77.8m 2023
48. Alexander Isak Real Sociedad to Newcastle €77.5m 2022
= Zinedine Zidane Juventus to Real Madrid €77.5m 2001
50.John Duran Aston Villa to Al-Nassr €77m 2025

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