Premier League Clubs Spent More Than $778M In The Summer Transfer Window
Player transfer spending by Premier League clubs increased to £490M ($778.5M) in the '12 summer transfer window, up slightly from the £485M ($770.6M) spent in summer '11 but just short of the £500M ($794.4M) record of '08, according to analysis by business advisory firm Deloitte. Deloitte Sports Business Group Partner Dan Jones said, "While the highest levels of spending continue to be at those clubs competing at the upper end of the Premier League and in European competition, we have also seen significant investment by the newly promoted teams, looking to establish themselves in the Premier League.” The key findings from the Deloitte analysis are listed below. For the complete report click here.
- EPL clubs have committed to around £490M in respect of player transfer fees in the summer '12 transfer window, slightly above the level seen in summer '11.
- EPL clubs concluded deals totaling around £110M ($174.8M) on deadline day. The equivalent deadline day figure in the summer '11 was around £100M ($158.9M).
- This summer, each of Chelsea, Tottenham Hotspur, Manchester City, ManU and Arsenal have exceeded £30M ($47.7M) of gross transfer spending. In aggregate these five teams have committed to around 55% of EPL clubs’ transfer fees in the '12 summer transfer window.
- Transfer fees to overseas clubs were around £300M ($476.6M), almost 50% up on the level seen in '11. This represented 61% of total transfer fees committed by EPL clubs, as compared with 42% in '11.
- Compared to the top leagues in other countries, the EPL generates significantly more revenue and continues to redistribute significant financial value to overseas clubs through the player transfer market. Clubs in Germany, France and Holland have particularly benefited this summer (Deloitte).