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Wednesday, June 19, 2024

Premier League Clubs Spent $2.2B in Summer Transfer Window

  • Premier League clubs broke the transfer fee record for the entire season this summer.
  • EPL clubs spent $2.2 billion.
Manchester-United
Manchester United

After breaking the transfer spending record with a week to spare, Premier League clubs passed more significant milestones before the summer window closed Thursday.

EPL clubs spent $2.2 billion this summer — breaking the transfer fee record for the entire season ($2.16 billion) set in 2017-18, per ESPN and accounting firm Deloitte. 

Premier League clubs also proved to be the world’s biggest spenders, as their cumulative transfer fees during this window were more than those of Spain’s La Liga, Italy’s Serie A, and Germany’s Bundesliga combined. 

Several high-profile transfers in the final days pushed the EPL over the line.

  • Brazilian winger Antony moved from Ajax to Manchester United for $104.5 million
  • French defender Wesley Fofana went from Leicester City to Chelsea for $88.4 million.
  • Swedish forward Alexander Isak moved from Real Sociedad to Newcastle United for $77 million.

Both Antony and Fofana’s fees exceeded that of Liverpool’s Darwin Nunez, who had previously held this window’s high mark at $82.5 million.

Premier League’s Pockets

According to Deloitte’s latest annual review of football finance, the Premier League earned $5.7 billion in the 2020-21 season, an 8% year-over-year increase, and is expected to have earned $6.4 billion during the 2021-22 season.

Deloitte anticipates the Premier League will make $6.95 billion (£6 billion) this season for the first time.

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