Member Article

Premier League clubs spend record £225m on transfers

Premier League clubs spent a record £225m in the January transfer window, according to analysis by the business advisory firm Deloitte.

The period included Fernando Torres’ estimated £50m move from Liverpool to Chelsea - a British transfer record - and Liverpool’s signing of Andy Carroll for £35m from Newcastle.

The previous record was £175m spent in January 2008, Deloitte said.

About 80% of the spending was done by only four clubs - Chelsea, Liverpool, Aston Villa and Manchester City.

The total amount spent marked a sharp rise from the £30m spent in January last year.

Dan Jones, Partner in the Sports Business Group at Deloitte, said: “Whilst Premier League club revenues have never been higher, we were surprised to see more than £200m spent in a January window for the first time, particularly after only around £30m was spent in January last year.”

This was posted in Bdaily's Members' News section by Ruth Mitchell .