Newcastle United The Big Exception In Deloitte Figures
The transfer window just closed has broken all records, a record £630m paid out by Premier League clubs on new signings.
The analysis by Deloitte shows that the previous record of £500m set in 2008 has been beaten by a massive £130m and last year’s £490m left trailing by £140m.
“As the financial rewards for participation and success in the Premier League increase, it then follows that clubs are investing on the pitch to ensure they continue to benefit from the remarkable Premier League growth story.
“The story of this summer transfer window is of new records, with a new record for Premier League spending as well as the new record world transfer fee.
While the sale of Gareth Bale brought £85m into the Premier League, the net spending is also a record at £400m.”
Newcastle United stand out like a sore thumb of course with not one permanent signing, even Sunderland have invested around £25m on some 13 or 14 players. While I’m not advocating going to that extreme in terms of number of players, you have to accept that at the very least they have backed their manager with cash for team strengthening.
With the new TV deal rumoured to be worth approximately £20m extra for every Premier League club per season, it is interesting to see that the net total of transfer spending is £400m, equating on average to £20m net spending per club.
19 clubs going down a certain route and 1 going down the other, who’ll be proved right?
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