Prem clubs spend £1.165 billion – Deloitte

Premier League clubs’ transfer window spending has topped £1bn for the first time, according to accountants Deloitte.

Manchester United, under new boss Jose Mourinho, ended what was becoming a protracted saga by signing Paul Pogba for a world-record £89m.

Manchester City were among the most active clubs on transfer deadline day as Pep Guardiola started to trim his squad. The pressure has never been bigger on those supposed big four, maybe six, clubs.

Chelsea now holds second place in the Premier League standings, with Manchester City at the first.

A host of high profile players are still in the dark over their futures at their current clubs, with several big deals also on the verge of completion, including Arsenal ‘s double move for La Liga pair Shkodran Mustafi and Lucas Perez.

“The big difference is that now almost all the English Premier League clubs can be competitive in the European market for players as no other country has such a lucrative contract spread across the league”.

There is no doubt that the new £5.1 billion TV deal is fuelling this staggering rise in Premier League spending – suddenly the previous spending constraints of the smaller teams are lifted, as their smaller gate receipts and marketing deals become less of a factor due to the sheer volume of the TV revenues.

“As has been the case for a number of years now, the increases in broadcast revenue, with the 2016-17 season being the first of the new broadcast deal cycle, is the principal driver of this spending power”, said Dan Jones, a partner at financial analyst Deloitte. It would have been hard for the England worldwide to break into the first team and that has seen the north London clubs manager allowing Wilshere to leave the club on loan.

Once the clubs send through the paperwork, league officials check it against the Premier League and Football Association rules.

Premier League clubs are able to spend lavishly as all 20 teams have a guaranteed £100m in television rights. City are also a regular feature now in the UEFA Champions League and also made it to the semi-finals of the competition last season for the first time.

It’s been an interesting career trajectory for Hulk, who spent the last four seasons in Russian Federation with Zenit, scoring 56 goals for them in 97 league appearances. “The other leagues basically have decided there’s one price within their league and a completely different price if a Premier League club calls. Spain has latched on to the critical success factors in England and is trying to mimic that”. The representative of Metz academy, Mane has scored 21 goals in 67 matches of the Premier league for Saints after connection for £10 million from Salzburg and has moved to Southampton in 2014 approximately for £12 million.

“I am so satisfied, it is a pleasure to work with these guys”, he said after Sunday’s 3-1 home win over West Ham United.

While Everton’s fans were pleased to see a tycoon take over the club earlier this year, it is likely that they could have afforded their summer spending even without Farhad Moshiri’s millions and the sale of John Stones, the most expensive English defender at £47.5 million. The centre-half, who signed on a four-year deal, played in every match as Ivory Coast won the 2015 Africa Cup of Nations. The former captain of Borussia Monchengladbach conducted Bundesliga club to the fourth place in league in last season and has received qualification in the Champions League during last two seasons. “People keep saying it’s going to blow up, it’s going to stop, but it doesn’t seem to be happening”.