Premier League clubs spend £835m in transfer window

Spending by Premier League clubs in the summer 2014 transfer window reached a new record of £835m, over 30% up on the previous record of £630m the year before, research from Deloitte shows

This summer also saw the highest gross spend in a single transfer window by a single Premier League club, with Manchester United splurging around £150m on new talent, representing some 18% of the aggregate gross transfer spend by Premier League clubs.

Deloitte calculates the four Premier League clubs competing in this season’s Champions League - Arsenal, Chelsea, Liverpool and Manchester City - had a combined gross transfer spend of £342m, representing over 40% of the aggregate gross transfer spend by Premier League clubs.

The firm says that a factor in the increased spending was the improvement in broadcast deals, with the average Premier League club receiving over £25m more in central broadcast distributions last season than they did in 2012/13.

Dan Jones, partner in the sports business group at Deloitte, said: ‘With Premier League clubs in a stronger position to afford increased transfer and player costs than ever before, the key challenge remains pursuing their ambitions responsibly. Regulations are now in place at both a league and continental level encouraging clubs to balance their costs with revenue. We hope that while increased revenues continue to allow the league to attract top players, they will also result in a more profitable picture across the league in the years to come.’

Across the other top divisions of Europe, the next highest spending league was Spain’s La Liga, with a gross spend of £425m. Italy’s Serie A was next with a gross spend of £260m, followed by the German Bundesliga with £250m and the French Ligue 1 with £100m.

Pat Sweet |Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

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