Premier League transfer spending sets new record
1 September 2015
From the section Business
Argentina international Nicolas Otamendi has joined Man City from Valencia
Premier League football clubs have broken the summer transfer window spending record, according to analysis from Deloitte.
Clubs in the English top flight spent a total of £870m, up from the £835m record set last year.
The transfer window opened on 1 July and closed at 18:00 UK time on Tuesday.
Manchester City was the biggest-spending club, agreeing to pay about £160m for new talent, which was a record for a single club.
“This summer has seen another record level of transfer spending, as Premier League clubs continue to use increases in their revenue to invest in playing talent,” said Alex Thorpe from the Sports Business Group at Deloitte.
“Total spending in 2015, across both the January …read more
Source:: BBC UK