DEADLINE day spending by Premier League clubs pushed the total splashed out in the summer transfer window to £630million – smashing the previous record.
Analysis by the business advisory firm Deloitte said spending on players was 29% up on the 2012 figure of £490m and £130m more than the previous record of £500m set in 2008.
Dan Jones, partner in the sports business group at Deloitte, said: “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.
“Premier League clubs’ gross spending this summer is £630m, beating the previous record of £500m set in 2008. Whilst the sale of Gareth Bale brought £85m into the Premier League, net spending is also a record, at £400m.”
The record spending follows the start of the huge new Premier League TV deal which will top £5.5billion over three years.
Jones added: “As the financial rewards for participation and success in the Premier League increase, so it follows that clubs are investing on the pitch to ensure they continue to benefit from the remarkable Premier League growth story.”
Top-flight clubs spent around £140m on deadline day compared to £110on the same day last year.
The four English clubs competing in this season’s Champions League – Arsenal, Chelsea, Manchester City and Manchester United – accounted for for £230m, 37% of the total. With Tottenham having spent more than £100million it means the leading five clubs last season made up more than half of all spending.
January’s transfer window has not been open a week and already some serious business has been done.
Now I’ll admit that these first few days of the year I’ve had my eye off the ball – but my god, some amazing transfers have not only been done already, but already seen rewards on the pitch.
Chief among these must be the scooping up of Demba Ba by Chelsea, he’s already netted a brace on his debut!
In addition, Joe Cole looked the business once again for West Ham, who also have added Marouane Chamakh to their stable of strikers, Wigan have bagged Roger Espinoza, Chelsea’s Danuiel Sturridge has joined Liverpool, while English fans will be keen to see how the dual-heritage German performs for Spurs after his switch from Schalke.
And the surprise star signing of the window could yet be the awesome marauding French full-back Mathieu Debuchy, whose signiature could revitalise Newcastle’s season yet.
That’s all in less than a week! If things carry on this way, an already explosive Premier League season could be braced to get even better – teams and players may not like them, but from a fan’s perspective, god bless the transfer window.
NOW the dust has settled on the transfer window, fans can take stock on the ins and outs of yesterday’s frantic dealing.
Some will be happier (QPR) than others (Everton) for sure, and as a Premier League neutral, I count myself among those pleased with the outcome of deadline day.
Here’s my XI of Premier League latecoming incomers I expect to do well this season –
GK – Trani (QPR)
DEF – Santos (Arsenal), Ferdinand (QPR), Mertesacker (Arsenal), Hutton (Villa)
MID – Drenthe (Everton), Arteta (Arsenal), Meireles (Chelsea), Wright-Phillips (QPR)
ATK – Crouch (Stoke), Bellamy (Liverpool)
The transfer window has now shut – but it won’t be until tomorrow that two of the biggest deals are confirmed or denied.
Mikel Arteta’s on-off-on again switch to Arsenal – surely the deal of the day if verified – looked set to have beat the clock.
Rumours abound as well that Liverpool midfielder Raul Meireles has handed in a transfer request and made a move to Chelsea, almost completely under the radar.
Late nights waiting for news seems likely for fans of the London clubs.
THE biggest rumour of the day so far seems to be the Chelsea interest in French winger Franck Ribery.
The Bayern Munich man, previously targeted by Carlo Ancelotti, is apparently being sought by Andre Villas-Boas as he seeks to find a last-minute attacking edge for his teamsheets.
Figures for the player range from £30m-£36m. I’ve got my fingers crossed for this one.
WALLETS at the ready, chairmen – today is Transfer Deadline Day.
Last time around, we learnt that hulking forward Andy Carroll is worth £35m, and that Fernando Torres is more exciting in a helicopter than on a football pitch.
In total, in January 2011, £225m was spent by Premier League clubs alone – and today could set to match that once more, with the rumour mill already in overdrive.
It’s going to be an interesting day…