Tuesday, 3 September 2013

Premier League Clubs Break Transfer Spending Record

Premier League clubs spent a record £630m in the summer transfer window, according to Deloitte's Sports Business Group. The previous record of £500m was set in 2008.
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The transfer window closed on Monday. Among the big signings on Monday was Mesut Ozil who is going from Real Madrid to Arsenal for £42.4m.

Manchester United left it late in the day to sign Marouane Fellaini for £27.5m from Everton.
"The story of this summer transfer window is of new records: a new record for Premier League spending as well as a new world transfer record fee," said Dan Jones at Deloitte.

The record transfer fee was for Gareth Bale, who was sold to Real Madrid by Tottenham Hotspur for £85m.
Premier League clubs are flush with cash from their latest domestic three-year TV deal.

BT has spent £738m over three years for the rights to 38 live matches a season, while Sky paid £2.3bn for 116 matches a season.

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