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Premier League transfer spending sets £760m record | |
(about 1 month later) | |
Transfer spending by Premier League clubs has set a new record of £760m this season, industry experts say. | Transfer spending by Premier League clubs has set a new record of £760m this season, industry experts say. |
Club spending in the 2013-14 season included £130m in January's transfer window, which closed at 23:00 GMT. | Club spending in the 2013-14 season included £130m in January's transfer window, which closed at 23:00 GMT. |
That surpasses spending in last year's window of £120m, but is less than the £225m record set in 2011. | That surpasses spending in last year's window of £120m, but is less than the £225m record set in 2011. |
Dan Jones of the sport business group at Deloitte said spending was supported by record level of revenues driven primarily by new broadcast agreements. | Dan Jones of the sport business group at Deloitte said spending was supported by record level of revenues driven primarily by new broadcast agreements. |
"This gives Premier League clubs the ability to continue to invest significantly in their playing talent," he added. | "This gives Premier League clubs the ability to continue to invest significantly in their playing talent," he added. |
Manchester United and Chelsea accounted for more than 60% of the league's total spending this month. | Manchester United and Chelsea accounted for more than 60% of the league's total spending this month. |
"Spending has again been driven by a minority of clubs," said Mr Jones. "Around half of Premier League clubs chose not to spend this month." | "Spending has again been driven by a minority of clubs," said Mr Jones. "Around half of Premier League clubs chose not to spend this month." |
Match packages | Match packages |
Manchester United's £37.1m signing of Chelsea midfielder Juan Mata was the biggest domestic deal this month. | Manchester United's £37.1m signing of Chelsea midfielder Juan Mata was the biggest domestic deal this month. |
Chelsea completed a £12m move for St Etienne centre-back Kurt Zouma on Friday following their purchase of Egypt midfielder Mohamed Salah from Swiss champions Basel for a fee in the region of £11m, and the £21m signing of Benfica midfielder Nemanja Matic. | Chelsea completed a £12m move for St Etienne centre-back Kurt Zouma on Friday following their purchase of Egypt midfielder Mohamed Salah from Swiss champions Basel for a fee in the region of £11m, and the £21m signing of Benfica midfielder Nemanja Matic. |
Meanwhile, Fulham bought Greece international striker Konstantinos Mitroglou from Olympiakos for about £11m, one of five players signed on Friday. | Meanwhile, Fulham bought Greece international striker Konstantinos Mitroglou from Olympiakos for about £11m, one of five players signed on Friday. |
Crystal Palace signed five players including Wolves keeper Wayne Hennessey for £3m, and Blackpool winger Tom Ince. Cardiff and West Ham have both also been busy in the transfer market, bringing in a number of players. | Crystal Palace signed five players including Wolves keeper Wayne Hennessey for £3m, and Blackpool winger Tom Ince. Cardiff and West Ham have both also been busy in the transfer market, bringing in a number of players. |
On Friday, with the transfer deadline just hours away, spending had already passed the £700m mark for the first time, said Deloitte. The final total of £760m broke the previous record of £670m set in 2008-09. | On Friday, with the transfer deadline just hours away, spending had already passed the £700m mark for the first time, said Deloitte. The final total of £760m broke the previous record of £670m set in 2008-09. |
Broadcasters BSkyB and BT paid hugely increased sums in summer 2012 when they secured packages of Premier League matches for broadcasting from the current 2013-14 season. | Broadcasters BSkyB and BT paid hugely increased sums in summer 2012 when they secured packages of Premier League matches for broadcasting from the current 2013-14 season. |
BSkyB paid a total of £2.28bn for the rights to 116 games per season from 2013-14 to 2015-16, while BT paid £736m for the rights to 38 games per season over the three-year period. | BSkyB paid a total of £2.28bn for the rights to 116 games per season from 2013-14 to 2015-16, while BT paid £736m for the rights to 38 games per season over the three-year period. |
That was an increase of 70% on the previous rights packages, held by BSkyB and ESPN | That was an increase of 70% on the previous rights packages, held by BSkyB and ESPN |
January transfer windows in the English Championship and in Scotland also closed on Friday. The Wolves striker Leigh Griffiths completed his move to Celtic for an undisclosed fee. | January transfer windows in the English Championship and in Scotland also closed on Friday. The Wolves striker Leigh Griffiths completed his move to Celtic for an undisclosed fee. |