Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Transfer window spending on the rise to £490m

Mon 3rd Sep 2012 | Money & Finance

Summer transfer window spending by Premier League football clubs increased during 2012 to £490m.

Research by financial services firm Deloitte suggests broadcasting deals announced earlier this year helped clubs splash the cash.

Among the deals were Liverpool's purchases of Joe Allen and Fabio Borini, for a reported combined total of £15m; Everton snapping up Kevin Mirallas for £6m; while Manchester United swooped for Arsenal star Robin van Persie for £24m.

During the 2012 summer transfer window, Premier League clubs shelled out £490m, up by £5m from the 2011 summer figure, but slightly down on the 2008's record of £500m, according to Deloitte.

A total of £110m worth of deals were completed on deadline day on 31 August 2012, compared with £100m in 2011.

Both Manchester clubs exceeded £30m of gross transfer spending while transfer fees to overseas clubs were around £300m, almost 50 per cent up on 2011.

Dan Jones, partner in the Deloitte's Sports Business Group, 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."

Director Alan Switzer added: "While the total spending this summer is still high, it should be considered in the context of increases of over 70 per cent in the Premier League domestic broadcast deals announced earlier this year.

"Once overseas broadcast deals are factored in, the average Premier League club looks set to benefit from at least an additional £25m of revenue per year from next season."

Posted by: Kev Howland

---------------------------------------------------------------------------------------------------

RETURN TO LATEST NEWS SECTION

SUBSCRIBE TO THE FCBUSINESS RSS FEED

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

How Football Clubs Source Their Revenue

Thu 22nd Jun 2017 | Money & Finance

It will come as a surprise to no one that football is big business these days. Although players’ wages – especially at the top teams – have increased remarkably, the clubs can pay...

“Why Does Your Club Offer Discounts?” 5 Responses

Tue 6th Jun 2017 | Money & Finance

Following my article last week on the 3 observations about discounts offered on football clubs’ merchandise stores ; I wanted to share some more insight in to the merchandise space. I’ve...

West Ham United announce record season ticket renewals

Thu 1st Jun 2017 | Money & Finance

West Ham United have announced a club record number of season ticket renewals for the 2017/18 Premier League campaign. At Wednesday's 5pm deadline, over 90% of the 52,000 season ticket holders at...

Footballers, their cars, and how many minutes of play it takes to pay for them

Thu 1st Jun 2017 | Money & Finance

Online used car dealership Carspring have researched the vehicles driven by more than 250 of the world’s leading football players. With this information, along with the estimated salaries of...