fbpx
Friday, July 1, 2022
Home Sports English Premier League Clubs Spent Almost 400 Million Dollars In January

English Premier League Clubs Spent Almost 400 Million Dollars In January

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -

A flurry of big-money moves before the transfer deadline at midnight Monday took spending by English Premier League (EPL) club sides to the second-highest ever for a winter window.

The likes of Luis Diaz, Bruno Guimaraes, and Rodrigo Bentancur in the last few days of January left the league’s gross spending at 295 million pounds (396 million dollars), according to estimates from finance company Deloitte.

It is only the fifth time the 200 million pounds mark has been breached, with January 2018’s 430 million pounds figure out on its own.

But this season’s figure is in line with the “best of the rest”.

See also  NPC Decries Low Level Of Birth, Death Registration

The window two years ago accounted for 230 million pounds of spending, pipping 2011’s then-record 225 million pounds total, while 215 million pounds were spent in January 2017.

Dan Jones, head of Deloitte’s sports business group, said: “This transfer window indicates that the financial pressures of COVID-19 on Premier League clubs are easing, with spending firmly back to pre-pandemic levels and remarkably among the highest we’ve ever seen in January.

See also  Tokyo 2020: Ogunbanwo Wins Heat, Smashes 14-year-old Swimming Record

“The Premier League continues to lead the way globally, retaining its status as the world’s biggest domestic football league in financial terms, once again supported by full stadia and securing strong overseas broadcast deals.

See also  Tokyo Paralympics Confirmed To Hold Without Fans Amid Coronavirus Pandemic

“Other large European leagues are also edging back to higher spending, but it is Premier League clubs that have notched up the largest total spend in this transfer window, spending almost 150 million pounds more than Serie A clubs, the closest competitor.”

The initial 37.5 million pounds fee Liverpool reportedly paid for Diaz is the highest of the window.

It is narrowly ahead of Guimares’ 35 million pounds arrival at Newcastle United who also paid 25 million pounds for ex-Burnley striker Chris Wood.

See also  We Are Not Deterred by COVID-19 to Mark Nigeria @60 – NUTAG

Lucas Digne was another player to move for more than 20 million pounds, from Everton to Aston Villa.

Bentancur’s 19 million pounds move to Tottenham stood out as the highest deadline day.

© 2022, Scud News. All rights reserved.

- Advertisement -

Most Popular

Evah Hails Pa Edwin Clark @ 95, Says Contributions To Humanity Unprecedented

President of the Delta Izon Community in Abuja, the Federal Capital Territory, FCT, Prince James Evah has described elder statesman and a...

OPINION: Delta 2023: Towards Achieving The Ijaw Dream

The Ijaws have been at the forefront in Delta State since the wake of this political dispensation in 1998.

99-Year-old Imo Farmer’s Passionate Message To Buhari

A 99-year-old farmer in Imo State has made a passionate appeal to President Muhammadu Buhari on the state of the nation and offered advice.

10 Women Raped As Bandits Kill 360 Persons In Kaduna, Abduct 1, 389

Bandits in Kaduna State murdered 360 residents and abducted 1, 389 persons within a period of three months, the state government have said.

© 2020 – 2021, Scud News. All rights reserved.

%d bloggers like this: