Menu
Download the app

SBJ subscribers – Enhance your experience with the revamped iOS app

Finance

English Premier League Clubs' Transfer Spending Reaches $1.4B This Season

Premier League clubs have spent more than £1B ($1.4B) "on transfers in a season for the first time, new figures reveal," according to the BBC. A record £965M was spent in '14-15, but "that figure has already been beaten." The "20 clubs have already spent" £130M ($188M) in the January transfer window alone, with Newcastle spending £29M ($42M). Deloitte Sports Business Group partner Dan Jones said, "We've seen Premier League clubs again use the January window to invest significantly in playing talent" (BBC, 2/1). The AFP reported whereas close-season spending was driven by the leading clubs, "in January it has been a different story." Sky and BT Sport's £5.14B ($7.42B) domestic TV rights deal kicks in at the start of next season, with the sale of overseas rights -- "expected to be confirmed in the coming weeks" -- set to swell that figure to £8B ($11.6B) for the period '16-19. It means that the "cost of relegation has never been higher, and it is the clubs at the wrong end of the Premier League table who have been opening their wallets the most eagerly during the mid-season transfer period." Newcastle United, third from the bottom ahead of the mid-week fixtures, "have been the top spenders," parting with around £29M ($41.9M) to sign England pair Andros Townsend and Jonjo Shelvey and Senegal midfielder Henri Saivet. The Premier League's other north-east representative, Sunderland, has "brought in five players." Bournemouth broke its "transfer record" by paying around £10M ($14.4M) to Wolverhampton Wanderers for former Arsenal youth-team striker Benik Afobe, while Norwich City, Swansea City and Watford "have also been active" (AFP, 2/1).

Premier League Transfer Spending
 Season  Summer   January 
 '03-04  £215M  £50M
 '04-05  £215M  £50M
 '05-06  £235M  £70M
 '06-07  £260M  £60M
 '07-08  £470M  £175M
 '08-09
 £500M  £170M
 '09-10  £450M  £30M
 '10-11  £365M  £225M
 '11-12  £485M  £60M
 '12-13  £490M  £120M
 '13-14  £630M  £130M
 '14-15  £835M  £130M
 '15-16  £870M  £130M

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2016/02/02/Finance/EPL-Club-Spending.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2016/02/02/Finance/EPL-Club-Spending.aspx

CLOSE