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EPL transfer spending nears £500 million

LONDON: Premier League Clubs have already splashed out £475 million since the transfer window reopened in July, according to business analysts Deloitte.

Published on: Aug 3, 2016, 06:23:32 IST
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LONDON: Premier League Clubs have already splashed out £475 million since the transfer window reopened in July, according to business analysts Deloitte.

HT Image
HT Image

Bolstered by the increased revenue from the Premier League’s new £5.1 billion television deals, the 20 top-flight teams have been throwing money at a host of new signings and Deloitte say the spending could shatter the £1 billion mark for the first time in the pre-season window.

The current figure of £475 million is slightly less than the £515 million spent by Premier League teams at the same stage in 2015, which led to an eventual £870 million outlay in the whole window. Leroy Sane’s £37 million move to Manchester City is not included in the figures as it was only confirmed on Tuesday.

And the spending figure would rise significantly if Man United complete their reported world record £100 million move for Juventus’ Paul Pogba.

‘PEP FACES BIGGEST CHALLENGE IN EPL’

LONDON: The Premier League will offer a tougher challenge to Manchester City manager Pep Guardiola despite his success in the La Liga and Bundesliga, Liverpool boss Juergen Klopp said.

“The competition makes it really interesting. Winning the title in England is the biggest challenge of them all,” Klopp told British media.

“If you are three times in a row Spanish champions, three times in a row Bundesliga champions, then you think okay, let’s try something else. If you are looking for the biggest challenge, then you need to go to England.”

WALES REJECT HULL APPROACH FOR COLEMAN

LONDON: Hull’s attempt to hire Chris Coleman as their new manager was scuppered on Tuesday when the Football Association of Wales rejected an approach from the EPL club.

But Hull will have to look elsewhere after the Welsh FA confirmed they wouldn’t let Coleman leave prior to the start of the 2018 World Cup qualifying.

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