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Premier League breaks transfer spending record as total surpasses £1.4 billion

Premier League breaks transfer spending record
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The Premier League breaks its own spending record, taking the figure past £1.4 billion.

The Premier League smashed its own spending record as the summer transfer window closed on Thursday night.

England's elite clubs took the figure over £1.4 billion thanks to major deals, including Romelu Lukaku's £75m switch to Manchester United from Everton and Manchester City's £50m purchase of Kyle Walker from Tottenham Hotspur.

Tim Bridge of Deloitte Sports Business Group told Sky Sports News: "It is an increase of 23% on the previous summer transfer record and reflects the amount of money clubs have available to spend now on their long term future, such as players, stadiums and capital investments such as training grounds.

"About £0.7bn has gone overseas, which reflects the international image of the Premier League, as well as the overseas scouting networks clubs have. Around £0.6bn was between Premier League clubs, with about £100m going to the Football League."

The Premier League is the biggest spender out of Europe's divisions, with Serie A second on the list having spent £750m.

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Kyle Walker in action for Manchester City against Brighton & Hove Albion on August 12, 2017
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Tables header RHS
TeamPWDLFAGDPTS
1Liverpool21155150203050
2Arsenal22128243212244
3Nottingham ForestNott'm Forest21125430201041
4Newcastle UnitedNewcastle22115638261238
5Chelsea21107441261537
6Bournemouth22107536261037
7Aston Villa2210663334-136
8Manchester CityMan City2110563829935
9Fulham228953430433
10Brighton & Hove AlbionBrighton2171043229331
11Brentford2284104039128
12Crystal Palace226972528-327
13Manchester UnitedMan Utd217592629-326
14West Ham UnitedWest Ham2275102743-1626
15Tottenham HotspurSpurs21731143321124
16Everton203891526-1117
17Wolverhampton WanderersWolves2144133148-1716
18Ipswich TownIpswich2137112037-1716
19Leicester CityLeicester2235142348-2514
20Southampton2113171347-346


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