Summer Transfer Window 2017: Premier League spending update from Deloitte’s Sports Business Group | Deloitte UK has been added to your bookmarks.
Summer Transfer Window 2017: Premier League spending update from Deloitte’s Sports Business Group
1 August 2017
As of noon today, and with one month to go before the close of the summer 2017 transfer window, Premier League clubs have spent £910m on transfers, according to analysis by Deloitte’s Sports Business Group. At the same stage last year, clubs had spent £480m.
Average transfer expenditure per Premier League club is £46m so far this window. The average Premier League club’s expenditure across the entire summer 2016 window was £58m.
Chris Stenson, manager in the Sports Business Group at Deloitte, commented: “The combination of record broadcast, commercial and matchday revenues continues to fuel extraordinary levels of transfer expenditure in the Premier League. Clubs have already spent more in this window than they did throughout the entire summer 2015 window. With one month still to go, we expect this summer’s total to comfortably surpass the previous record of £1.165 billion, set in summer 2016. Indeed, last summer, £685m – almost 60% of total transfer expenditure – was spent in the final month of the window.”
The Deloitte Sports Business Group will provide another update on 24th August, one week before the window closes.
Note 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 12:00 on 1 August 2017. 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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Premier League clubs' estimated total transfer fee spend by seasons - 2003/04 to 2017/18(£m)