SM
Barcelona vs. Brann: 9 hrs 9 mins
Upcoming predictions and previews

Premier League spending tops £1bn for fourth successive summer

:Headline: Premier League spending tops £1bn for fourth successive summer: ID:367496: from db_amp
Top-flight clubs broke the 10-figure barrier for the fourth successive summer.

Billion-pound summer transfer windows are the new norm in the Premier League, according to Deloitte's sport business group after a near-record recruitment period.

Top-flight clubs broke the 10-figure barrier for the fourth successive summer after a flurry of big moves in the final week of the window.

Total spending was £1.41billion, only just short of 2017's record of £1.43bn. Manchester United made Harry Maguire the world's most expensive defender at £80million, while Arsenal shelled out £72m on Nicolas Pepe and over £170m was spent on deadline-day deals including Alex Iwobi, Ryan Sessegnon and Kieran Tierney.

(PA Graphic)

Deloitte's Dan Jones told PA: "It's the second-highest spending in a single window. That's four successive summers we've now had over £1bn, and I see no reason to think that any summer from here on in will be quieter than £1bn.

"Revenues are over £5bn across the Premier League clubs so £1bn of spending is around 20 per cent of revenues, which we've seen as the benchmark across the 15 years we've had a transfer window."

A late deal for Chelsea defender David Luiz pushed Arsenal past Manchester City as the Premier League's biggest spenders this summer, with Pepe accounting for nearly half of their £155m outlay.

There were also significant moves out of the Premier League, leaving the net spend at a four-year low of £625m.

"It's been quite active on both the big numbers and the volume of transfers and we've seen a pretty busy last week of the window, because some deals are contingent on others happening – it's just the nature of the beast."

With three weeks remaining until the deadline elsewhere in Europe, Spain's LaLiga has already broken the billion-pound barrier with Italy's Serie A close to the milestone.

Jones added: "At the start of August we were wondering whether the Premier League would spend more than LaLiga, but we're now pretty confident – even with three weeks left in Europe – that the Premier League will be the biggest-spending league again.

"But LaLiga has been very active, Italy as well, it's been record spending across the top five leagues."

amp_article__367496 : Database Data restored...  : 
last updated article - 2019-08-08 23:14:42:
html db last update - 2021-02-28 17:58:25 :

ex - 7200 : read : read cache amp html

Click here for more stories about Daniel Jones

Click here for more stories about Manchester United

Share this article now:
Recommended Next on SM
Premier League Table
TeamPWDLFAGDPTS
1Arsenal28204470244664
2Liverpool28197265263964
3Manchester CityMan City28196363283563
4Aston Villa29175760421856
5Tottenham HotspurSpurs28165759421753
6Manchester UnitedMan Utd28152113939047
7West Ham UnitedWest Ham2912894650-444
8Brighton & Hove AlbionBrighton2811985044642
9Wolverhampton WanderersWolves28125114244-241
10Newcastle UnitedNewcastle281241259481140
11Chelsea27116104745239
12Fulham29115134344-138
13Bournemouth2898114152-1135
14Crystal Palace2878133348-1529
15Brentford2975174154-1326
16Everton2887132939-1025
17Luton TownLuton2957174260-1822
18Nottingham ForestNott'm Forest2967163551-1621
19Burnley2945202963-3417
20Sheffield UnitedSheff Utd2835202474-5014
Scroll for more - Tap for full version


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
AL
Sign up for our FREE daily preview newsletter direct to your inbox!

Loading ...

Failed to load data.



. . . . . . . . . . . . . . .