Premier League clubs spent a record £815m in the January transfer window to complete a season of unprecedented investment...
Date published: Wednesday 1st February 2023 10:22 -Premier League clubs spent a record £815m in the January transfer window to complete a season of unprecedented investment.
Calum Ross, assistant director in Deloitte’s Sports Business Group, told the PA news agency: “Record transfer spend in January, surpassing the previous record of £430m in January 2018. As has been the trend in recent seasons, the English top flight far outpaced the rest of Europe – even the other members of the so-called ‘big five’ leagues in Spain, Italy, France and Germany, where there was a cumulative gross spend of 255m euros , representing a year-on-year fall of 35 per cent compared to January 2022 .
“You have the spend of the Premier League on a net basis at £1.5bn over the course of the season and then when you look at the other big five leagues as a collective, they’re actually in a net receipts position – so they’re actually receiving more from the sale of players than what they’re spending on players, which is quite stark to what you see in the Premier League.
Chelsea, under their new ownership group headed by Todd Boehly, continued to lead the way by signing World Cup winner Enzo Fernandez for a British record £106.8m while forward Mykhailo Mudryk joined from Shakhtar Donetsk in a deal reportedly worth up to £88.5m.
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