Record Premier League Transfer Spend
Player transfer spending by Premier League clubs in the summer 2014 transfer window reached a new record, according to analysis by the business advisory firm Deloitte.
Gross spending totalled £835m, over 30% up on the previous record of £630m set last summer.
Dan Jones, partner in the Sports Business Group at Deloitte, commented: “This summer transfer window has again been one of records with Premier League clubs spending more than in any previous transfer window. Gross spending of £835m by clubs across the league has broken the record set last summer by over £200m.
“This summer has also seen the highest gross spend in a single transfer window by a single Premier League club and a new record transfer fee for an individual player in English football.
“In a summer where the world's best players were on show at the World Cup we have again seen how Premier League clubs are able to successfully compete on a global stage in terms of attracting talent.
“We continue to see the increased resources that Premier League clubs enjoy, as a result of improved broadcast deals, translate into investment in players.
“Last season the average Premier League club received over £25m more in central broadcast distributions than they did in 2012/13, which has helped fuel a new record spend this summer.”
Some of the key findings from the analysis by Deloitte include:
+ Premier League clubs have committed to around £835m in respect of player transfer fees in the summer 2014 transfer window, well above the previous record of £630m gross spend set last summer.
+ Premier League clubs concluded player acquisitions totalling around £85m on deadline day. The equivalent deadline day figure in the summer 2013 was around £140m.
+ Manchester United have recorded the highest ever gross spend by a Premier League club in a summer transfer window. The Red Devils have spent c.£150m on new talent this window, representing c.18% of the aggregate gross transfer spend by Premier League clubs.
+ The four Premier League clubs competing in this season's Champions League - Arsenal, Chelsea, Liverpool and Manchester City - had a combined gross transfer spend of £342m this summer transfer window, representing over 40% of the aggregate gross transfer spend by Premier League clubs.
+ Gross transfer fees to overseas clubs were £530m, slightly above that seen in summer 2013 (£490m). This represented 63% of aggregate gross transfer spend by Premier League clubs, as compared with 78% in summer 2013.
+ Across the other 'big five' top divisions of Europe, the next highest spending league was La Liga, with a gross spend of £425m. Serie A was next with a gross spend of £260m, followed by the Bundesliga with £250m and Ligue 1 with £100m.
Premier League clubs' net transfer spend of £410m, being the net amount that flows to overseas clubs (£350m) and Football League clubs (£60m), was slightly above the previous record of £400m set last summer.
In aggregate Football League clubs benefited from net transfer fees inflow of around £60m from Premier League clubs in summer 2014.
Since the introduction of the transfer window system, gross player transfer spending has exceeded £6.3bn, with over 80% of this being spent in summer transfer windows.
Click here for Statista chart. (September 2014)