Thursday, September 01, 2016

EPL: Transfer Deadline Day: Premier League Spending Reaches £1.165bn (SEE FULL GRAPHICS OF SPENDING ACROSS EU)

Above is a list of the “TOP FOUR” transfer/ fees during the 2016-17 summer transfer
Premier League clubs spent more than £155m on transfer deadline day as the summer window outlay reached a record £1.165bn.

BBC Sport report continues:
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.
Above is a list of the biggest fees spent by Premier League clubs during the 2016-17 summer transfer window
"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 analyst Deloitte.
Other key findings (source Deloitte):
o   The average gross spend for a Premier League club in the 2016 summer window was about £60m.
o   The total of £155m spent by Premier League clubs on deadline day broke the previous record of £140m set during the summer 2013 window.
o  The four Premier League clubs competing in this season's Champions League - Arsenal, Leicester City, Manchester City and Tottenham Hotspur - had a combined gross transfer spend of about £385m - representing about a third of the aggregate gross transfer spend by Premier League clubs.
o  Since the introduction of the transfer window, gross transfer spending has exceeded £8.6bn, with more than 80% spent in the summer window.


The graphic above shows the order of the amount spent by Europe's 'big five' leagues. After the Premier League, the next highest spender was Serie A, with a gross spend of £590m. Then came the Bundesliga with a spending of £460m, followed by La Liga (£400m) and Ligue 1 (£165m).

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