Premier League clubs smashed the summer spending record with £2.36bn splashed out on players from across the world with Chelsea leading the pack.
Financial services company, Deloitte says the combined spend of the 20 clubs during the window smashes the previous spending record of £1.92bn set last summer by £440m.
Premier League clubs spent £255m on deadline day alone, which is more than double the £120m spent on deadline day during last summer’s window.
That already makes the 2023-24 season have the second-highest transfer spend ever after last season’s record £2.73bn, with the January window still to come.
Other records include:
- Premier League transfers accounted for 48% of total spending across the ‘big five’ European leagues – La Liga, Serie A, Bundesliga and Ligue 1;
- Premier League clubs received £550m in transfer fees from overseas clubs, more than double the previous record of £210m in the summer of 2022;
- With the exception of Spain’s La Liga, gross transfer spend increased in all of Europe’s ‘big five’ leagues;
- Only two of Europe’s ‘big five’ leagues spent more on transfers than they received – the Premier League and Ligue 1;
- There were 13 Premier League transfers valued at over £50m, which is more than the previous two summer transfer windows combined.
Tim Bridge, lead partner in Deloitte’s Sports Business Group, said: “A second successive summer of record spending by Premier League clubs suggests that year-on-year revenue growth could return following the pandemic.
“Nearly three quarters of Premier League clubs (14) spent more this summer than the last, reflecting the increased intensity of competition.
“There continues to be pressure on clubs to acquire top talent to satisfy their on-pitch objectives, whether that’s qualifying for European competition or simply maintaining their position in the Premier League.”
Premier League Transfer Deadline Deals
The biggest Premier League deal of deadline day saw Manchester City sign Portugal midfielder Matheus Nunes from Wolves for £55m. The Premier League champions also sold Cole Palmer to Chelsea for £40m.
Manchester United brought in goalkeeper Altay Bayindir from Fenerbahce for £4.5m, midfielder Sofyan Amrabat on loan from Fiorentina, full back Sergio Reguilon on loan from Tottenham and free agent Jonny Evans on a one-year deal.
Nottingham Forest were the busiest club, signing seven players, midfielder Ibrahim Sangare from PSV, winger Callum Hudson-Odoi from Chelsea and midfielder Nicolas Dominguez from Bologna.
- Ryan Gravenberch from Bayern Munich to Liverpool for £34.3m.
- Ansu Fati from Barcelona to Brighton on loan
- Brennan Johnson from Nottingham Forest to Brighton for £45m
- Alex Iwobi from Everton to Fulham for £22m
- Clement Lenglet from Barcelona to Aston Villa on loan
- Albert Sambi Lokonga from Arsenal to Luton on loan
- Mason Greewood from Manchester United to Getafe on loan
- Rob Holding from Arsenal to Crystal Palace for £4m
- Luis Sinisterra from Leeds to Bournemouth on loan
The big transfers of the summer?
There were two transfers that hit the £100m mark this summer, with Chelsea signing midfielder Moises Caicedo from Brighton for a £100m fee that could rise to a British club record of £115m, while Arsenal signed England midfielder Declan Rice from West Ham for £100m plus £5m in add-ons.
Along with deadline day capture Nunes, Manchester City have bought defender Josko Gvardiol for £77m from RB Leipzig, winger Jeremy Doku from Rennes for £55.4m and midfielder Mateo Kovacic, who arrived for £25m from Chelsea.
Rivals Manchester United signed Denmark striker Rasmus Hojlund for £72m, while fellow Champions League side Newcastle United brought in Italy midfielder Sandro Tonali for £55m and Leicester forward Harvey Barnes for £38m.
Last year’s Premier League runners-up Arsenal added to the Rice deal by buying Kai Havertz for £65m and Ajax defender Jurrien Timber for £34m.
Liverpool strengthened their midfield with moves for Dominik Szoboszlai from RB Leipzig for £60m, Alexis Mac Allister from Brighton for £35m and Wataru Endo from Stuttgart for £16.2m.
BBC Sport
