Premier League clubs set new transfer spending record
Wednesday 4 February 2015
A record £950 million has been spent on players by Premier League clubs over 2014/15, according to Deloitte, despite a relatively quiet January.
- Top-flight clubs spend £130 million during January transfer window.
- Manchester City, Chelsea and Arsenal are the biggest spenders.
- Premier League clubs remain Europe’s top spenders.
Transfer deadline day (2 February) saw the completion of deals worth around £45 million, up from £35 million in 2014
Premier League clubs have spent a record amount on new players, completing transfers worth £950 million over the 2014/15 season.
During the January 2015 transfer window, the 20 clubs spent a combined £130 million on new talent, according to research from Deloitte’s Sports Business Group.
While that was significantly lower than the all-time high of £225 million achieved in January 2011, a new milestone has been reached across 2014/15 overall.
What Deloitte’s experts are saying
Dan Jones, a partner in the Sports Business Group, said transfer spending was relatively restrained during the mid-season window.
He added: “Given the record level of spending seen in the summer, it is not entirely surprising that we haven’t seen a new record for the January window.
“However, with all Premier League clubs recording record revenues, we might have expected one or two more major deals in this window.”
According to Deloitte’s research:
- Half the money (£65 million) spent on players in January 2015 went to overseas clubs.
- A further £55 million was spent on players from within the Premier League, with £10 million relating to Football League talent.
- Transfer deadline day (2 February) saw the completion of deals worth around £45 million, up from £35 million in 2014.
- About half the total money spent by Premier League clubs in the winter window came from Manchester City, Chelsea and Arsenal.
- Across the 13 January transfer windows since 2003, a combined sum of around £1.3 billion has been spent on new players by top-flight clubs.
English clubs top European spending table
Premier League clubs continue to spend more than their European counterparts during the winter window because broadcasting revenues are divided more equally between them, according to Deloitte.
After the Premier League, clubs in Italy’s Serie A were the biggest gross spenders during the January 2015 window. Their outlay came to around 50% of the Premier League total.
Spending across top-flight clubs in Germany and Spain came to around 40% of the Premier League total.
Copyright Press Association 2015
“Given the record level of spending seen in the summer, it is not entirely surprising that we haven’t seen a new record for the January window.”
Dan Jones, partner in the Sports Business Group