New Delhi: This season’s transfer window has seen Premier League clubs spending £800m less than the previous season, with the timeframe now entering the last week. According to media sources, the clubs had set a new record spending of £2.3bn last season, but in contrast, they have £1.5bn this season. For 2024, the entire expenditure has been £1.6 billion, which is much less than 2023’s £3.1 billion, though the gap will obviously shorten as the deals happen until Friday.
EPL clubs have fewer transfers than Serie A’s 115 and Bundesliga’s 135 and are joint with La Liga’s 105 transfers but ahead of Ligue 1’s 78. Still, the top-tier of English football has spent more than in the top four European Leagues with Italy (£617m), France (£529m), Germany (£462m) and Spain (£435m). This summer, the number of loan deals into the Premier League has decreased as well to just five compared to last year’s 26.
Premier League clubs spent around £100m during the transfer window in January. It is one of the lowest spending number since January 2012 (£60m), without counting the 2021 (£70m) transfer period when activities were restricted due to pandemic.
The decrease has been seeen as a direct result of complying with the profit and sustainability rules. Most of the business conducted by the teams happened between 14th June to 30th June triggered by Premier League’s finanicial year end. Clubs cannot lose more than £105m in three-year timespan. All clubs are considering the values of the players for the amount that will be spent. This is why the market has been a little suppressed.
Premier Clubs transfer period performance
Dominic Solanke of Tottenham Hotspur (Photo by Catherine Ivill – AMA/Getty Images)
This year Chelsea have spent £204m until now which is much less than their £248m they spent in 2022 and the £393m they spent in the 2023. Kierman Dewsbury-Hall (£30m), Joao Felix (£45m) and Pedro Neto (£54m) have been the most costly three signings for the side. To hit balance in their books, they are looking to seel Raheem Sterling, Trevoh Chalobah, Cesare Casadei and Romelu Lukaku. These players also don’t look to fit in Enzo Maresaca’s plans.
Aston Villa are right behind with them spending £149m this season. A lot of their capital was spent on Amadou Onanan (£50m) from everton and Ian Maatsen (£35m) from Chelsea. Brighton have been an ambitious side and have spent third most this season with their £144m. If they can manage to bring Matt O’Riley from Celtic and Ferdi Kadioglu from Fenerbahnce, they will increase together increase the expense to £60m more.
Manchester United have put £140m in the summer transfer window and that includes Matthijs de Ligt (£38.6m)and Noussair Mazraoui (£12.9m) from Bayern Munich, Joshua Zirkzee (£36.5m) from Bologna and Leny Yoro (£52m) from Lile. In Premier League, Tottenham spent the most for one player this season signing Dominic Solanke from Bournemouth for a price of £65m as part if a £126m summer outlay.
Other European
Julian Alvarez of Atletico Madrid (Photo by Rico Brouwer/Soccrates/Getty Images)
Spanish club Atletico Madrid have spent the second highest in European football after Chelsea with £156m placed for new players. This includes the £33m spent on Conor Gallagher from Chelsea and £81m signing of Julian Alvarez from Manchester, which is the highest transfer of this summer window as of now. Atletico have in fact contributed to 35% of the £435m La Liga has spent this summer. Barcelona, Real Madrid and Atletico made 57% of the overall capital expenditure and other than them there have been only four deal which have exceeded a little over £10.
In Germany, Bayern Munich have spent the most capital with £113m put on Michael Olise, Hiroki Ito and Joao Palhinha. Defending Bundesliga champions Bayer Leverkusen had retained a chunk of their trophy winning side and only spent £44m on Martin terrier, Jeanuel Belocian and Aelix Garcia.
Inter Milan are defending their 20th Seria A trophy and have spent about £54.2m with two big transfers of Mehdi Taremi and Piotr Zielinski. Their rivals in Italy Juventus have spent the highest single transfer in the country while signing Douglas Luiz from Aston Villa for £43.5m. Como have been promoted to the big league this year and have made 12 deal that has cost them £33.5m.
Ligue 1 has been on news throughout the summer in regards to their TV deal for this season and the rights have been agreed on at a much less amount. Paris St-Germain have paid £150m for new players which is a much less spending from their usual summer transfer signings. Lyon have brought nine players and spent £115m, their highest capital investment in almost three summer windows.
As the transfer deadline gets closer, English premier clubs have been cautious with their capital expenditure. Here’s how they compare with the other European league clubs. Football Sports News: Latest Cricket News, Cricket Live Score, Sports Breaking News from Sports Today
