Home » Sports » EPL clubs surpass mammoth £1billion summer spend

EPL clubs surpass mammoth £1billion summer spend

Premier League clubs spent more than £155m on transfer deadline day as the summer window outlay reached a record £1.165bn.

Teams had already spent a combined £1.005bn as of 08:30 BST on Wednesday, shattering last year’s record £870m.

Thirteen top-flight teams broke their own transfer records.

The 20 clubs in the Premier League have benefited from a record £5.1bn television deal which came into effect this season.

“As has been the case for a number of years now, the increases in broadcast revenue, with the 2016-17 season being the first of the new broadcast deal cycle, is the principal driver of this spending power,” said Dan Jones, a partner at financial analysts Deloitte.

Not only did this year’s figure of £1.165bn break the record set this time last year, but it also dwarfed the £215m spent during the first window in the 2003-04 campaign.

Such financial strength owes much to the record £5.136bn domestic TV deal, which was more than £2bn larger than the previous contract, which ran from 2013 to 2016.

The clubs who broke their transfer records
Manchester United: Paul Pogba (£89m) Bournemouth: Jordon Ibe (£15m)
Liverpool: Sadio Mane (£36m) Sunderland: Didier N’Dong (£13.6m)
Crystal Palace: Christian Benteke (£32m) Hull: Ryan Mason (£13m)
West Ham: Andre Ayew (£20.5m) West Brom: Nacer Chadli (£13m)
Leicester: Islam Slimani (£29m) Watford: Roberto Pereyra (£13m)
Southampton: Sofiane Boufal (£16m) Burnley: Jeff Hendrick (£10.5m)
Swansea: Borja Baston (£15.5m)

Let your voice be heard, leave a comment

Let your voice be heard, leave a comment

%d bloggers like this: