Premier League transfer spending this season reaches the £1bn mark has been saved
Premier League transfer spending this season reaches the £1bn mark
1 February 2016
As the 2016 January transfer window enters its final hours, Deloitte’s analysis shows that Premier League gross spending this window currently stands at £130m. This brings the total gross spending so far this season for Premier League clubs to £1bn, a new record.
Dan Jones, partner in the Sports Business Group at Deloitte, commented: “We’ve seen Premier League clubs again use the January window to invest significantly in playing talent. With a day left, the total gross spending this season has already reached £1bn for the first time.
Last January saw £45m spent by Premier League clubs on the final day of the transfer window, and with further spending expected over the coming hours, Premier League gross transfer spending looks set to comfortably exceed the £1bn mark for the 2015/16 season.
The Sports Business Group will release its analysis of the 2016 January transfer window soon after the close of the transfer window at 23:00 on Monday 1st February 2016.
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 February 2016. 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
In this press release references to Deloitte are references to Deloitte LLP, which is among the country's leading professional services firms.
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The information contained in this press release is correct at the time of going to press.
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