​Record spending by Premier League in summer transfer window

Published on: 24 August 2017

Premier League clubs have spent a record £1.17bn on players in this summer's transfer window, according to business analysts Deloitte.

The 20 clubs had spent the sum by the end of Wednesday, beating the previous record of £1.165bn set last summer.

At the same stage last year, clubs had spent £865m.

"The level of transfer expenditure in this summer's window has been extraordinary," said Deloitte consultant Chris Stenson.

"But when analysed in the context of record broadcast, commercial and matchday revenues, Premier League clubs are spending within their means.

"We expect further significant expenditure in the next seven days as clubs seek value in the market.

"Last summer, Premier League clubs spent around £300m in the final week of the window, more than they did throughout the entire January 2017 window."

Source: tribalfootball.com

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