EPL clubs’ spend­ing nears £500m

Chronicle (Zimbabwe) - - Sport Starts Here -

PRE­MIER League clubs have al­ready splashed out £475 mil­lion­mill since the trans­fer win­dow re­opened in July, ac ac­cord­ing to busi­ness an­a­lysts Deloitte. Bol­stere Bol­stered by the in­creased rev­enue from the Pre­mier League’s new £5.1 bil­lion tele­vi­sion deals, the 20 top-flight teams have been throwin throw­ing money at a host of new sign­ings and Deloit Deloitte say the spend­ing could shat­ter the £1 bi bil­lion mark for the first time in the pre­sea­son seas win­dow. The cur­rent fig­ure of £475 mil­lion is sli slightly less than the £515 mil­lion spent by Pre­mier League teams at the same stage in 2015, which led to an even­tual £870 m mil­lion out­lay in the whole win­dow. And the spend­ing fig­ure would rise sig­nif­i­cantly if Manch­ester United com­plete their re­ported world record £100 mil­lion move for Ju­ven­tus mid­fielder Paul Pogba.

Chelsea, linked with a £65 mil­lion deal for Ever­ton striker Romelu Lukaku, could also add to the ris­ing trans­fer to­tal.

“The prospect of in­creased rev­enue from the new broad­cast deals next sea­son has en­cour­aged Pre­mier League clubs to in­vest in this win­dow in or­der to be as com­pet­i­tive as pos­si­ble,” Alex Thorpe, se­nior man­ager in the sports busi­ness group at Deloitte, told the BBC.

“With a month of the win­dow still to go, some sig­nif­i­cant deals in the pipe­line and a num­ber of clubs yet to en­ter the mar­ket, we may see another sum­mer of record Pre­mier League spend­ing, pos­si­bly break­ing the £1bn bar­rier for the first time.” — Su­perS­port

Paul Pogba

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