Premier League teams clear $4B, smash record transfer spend

Premier League Clubs spent a record £ 3 billion ($ 4 billion) in a Summer Transfer window, which ended with a bang for Liverpool’s £ 125 million ($ 169 million) Newcastle United Striker Alexander its,

Estited by finance company Deloite, this figure broke the previous record of £ 2.36 billion ($ 3.2 billion) two summer earlier.

Liverpool The window spent more than £ 400 million ($ 541 million), with a record for a premiere league club, Arsenal, Chelsey, Manchester United And its former club Newcastle broke £ 200 million ($ 270 million) barrier.

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Tim Lun, director of the Deloite Sports Business Group, told PA News Agency, “I think it only shows the competitive nature of the league once again – more teams and big clubs that are trying to return to Europe in Europe than ever.

“I think the competitive nature of coming to Europe has not really become more clear.

“I think it is also reflected in the amount of business that is being done. Not necessarily only the total cost, but out of those clubs and out of those clubs indicate the quantity of business that the significant desire for them to improve the significant desire and enter those prestigious European places.”

The first year of a new domestic television rights cycle, to call Champions League windfalls with a record six English clubs, helped provide financial for this latest burst of this expense.

“This is the data that we have seen over transfer over the last few years and the revenue that changes as well as the Premier League, and obviously flows through clubs,” Loon said.

“So this is just a result of the league and shape and its scale success-only in recent years, I think we are going back even further. It is just self-supreme, Premier League and its power to attract the players and its power and the premium nature of the league and clubs.

“It was the beginning of the cycle of new four-year-old rights. Earlier they were sold in only three years of cycles, so they have now extended it, one more year, more games on TV, so the fees of total TV rights.

“And then clearly revenue that clubs have, clubs where they are in Europe and know that they are going to come in Champions League locations and revenue. So I think if you see it in totality, those clubs are getting more revenue than ever.”

It has registered the gross expenses of the Premier League in the 10th consecutive summer and Lun says that he does not see any late-up.

“Some factors, you will imagine that they will be ready to continue,” he said. “TV deal, it is a significant amount of revenue fixed for years. There are not many other changing factors within the Premier League, which is business.”

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