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Premier League Transfer Spending Up On Previous Year

Thu 31st Jan 2013 | Money & Finance

At the start of the final day of this January’s window, Premier League clubs have spent around £85m on acquiring new players according to analysis from the Sports Business Group at Deloitte.

This is almost three times the amount spent at the same time last year, but similar to the level in January 2011.

Dan Jones, Partner in the Sports Business Group at Deloitte, commented: “Going into the final day of the winter window, Premier League clubs have been relatively restrained in their player transfer fee spending, in spite of the upcoming uplift in their broadcasting revenues of between £20m and £30m each from next season.

“Transfer activity over the final few hours can change the overall picture as we saw on deadline day in January 2011 when well over £100m was spent by clubs.  Going into the final day in this transfer window, Premier League clubs have spent around £85m on acquiring new players and their net spending is much lower.

“Clubs are now in a reporting period that will count towards the first assessment of UEFA’s financial fair play break-even requirement for international competition and Premier League clubs are considering the implementation of additional cost control regulation at a domestic level. 

“Their apparent relative restraint in this transfer window may reflect an increasing focus on clubs achieving more sustainable levels of expenditure relative to revenues.”

 

Transfer window

Premier League clubs’ player transfer spending (gross)

As at the start of the final day of the transfer window

Total spending in the transfer window

January 2013

£85m

To be determined

January 2012

£30m

£60m

January 2011

£90m

£225m

Source: Deloitte Sport Business Group

Posted by: Aaron Gourley

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