Summer transfer window 2016: Premier League clubs pass £1bn barrier ahead of deadline day - Deloitte Bookmark has been added
Summer transfer window 2016: Premier League clubs pass £1bn barrier ahead of deadline day - Deloitte
31 August 2016
As of 0830hrs BST on Wednesday 31 August 2016, Premier League clubs’ total gross spending stood at £1.005bn, according to Deloitte’s Sports Business Group. Premier League clubs’ net spending stood at £527m.
This marks the first time that Premier League clubs have spent more than £1bn in a single transfer window. At the same stage last year, gross Premier League spending was £780m, and net spending £385m.
Full analysis of the 2016 summer transfer window will be released on the morning of Thursday 1st September. For interviews and commentary with Deloitte’s Sports Business Group, please contact email@example.com.
Notes to editors
Basis of preparation
The information on player transfers is based on publicly available information in respect of player registration acquisitions 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 08:30 on 31 August 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
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The information contained in this press release is correct at the time of going to press.
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