Premier League on course for a new record
1 September 2015
As the 2015 summer transfer window enters its final hours, Deloitte’s analysis shows that gross spending is on course to reach a new record. Total Premier League clubs’ gross transfer spending currently stands at £790m, £45m short of the record set last summer (£835m).
With the other major European league transfer windows having closed last night, Premier League net transfer spending is also set to be a record, currently standing at £400m – being the net amount that flows to overseas clubs and Football League clubs.
Alex Thorpe, Senior Manager in the Sports Business Group, commented: “Last year we saw £85m of spending on deadline day and with further business expected over the coming hours, it looks set to be another record summer of spending for the Premier League.
“With the other European transfer windows having closed last night, the Premier League is again confirmed as the leading league in terms of transfer spending this summer.
“This level of spending continues to be driven in large part by the increases in domestic and overseas broadcast revenue in recent years.”
The Sports Business Group will release its analysis of the 2015 summer transfer window after the close of the transfer window at 18:00 on Tuesday 1st September 2015.
Note to editors
Basis of preparation
The Sports Business Group at Deloitte has published their analysis of transfer spending following the close of every transfer window since 2003. Each year the Sports Business Group at Deloitte also release the Deloitte Football Money League and Deloitte Annual Review of Football Finance.
The information on player transfers is based on publicly available information in respect of the acquisition of players’ registrations by clubs, including from www.bbc.co.uk and www.premierleague.com, and further analysis carried out by the Sports Business Group at Deloitte. The information is based on reported transfers as at 09:00 on 01 September 2015. Further commentary about the transfer market is included in the Deloitte Annual Review of Football Finance. The figures contained in this release will not necessarily be the same as the cost of acquiring players’ registrations as recognised in the financial statements of each club. Under accounting requirements, the cost of acquiring a player’s registration includes the transfer fee payable (including any probable contingent amounts), plus other direct costs such as transfer fee levy and fees to agents.
About the Sports Business Group at Deloitte
Over the last 20 years Deloitte has developed a unique focus on the business of sport. Our specialist Sports Business Group offers a multi-disciplined expert service with dedicated people and skills capable of adding significant value to the business of sport. Whether it is benchmarking or strategic business reviews, operational turnarounds, revenue enhancement strategies or stadium/venue development plans, business planning, market and demand analysis, acquisitions, due diligence, expert witness, audits or tax planning; we have worked with more clubs, leagues, governing bodies, stadia developers, event organisers, commercial partners, financiers and investors than any other adviser.
For further information on our services you can access our website at www.deloitte.co.uk/sportsbusinessgroup
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The information contained in this press release is correct at the time of going to press.
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