Published: Sun, February 04, 2018
Sports | By Brett Lawson

Premier League clubs set January transfer window record

Premier League clubs set January transfer window record

The English Premier League have taken their transfer spending to new heights following the end of the January transfer window on Wednesday evening with a reported R7 billion [€492.5m] spent this month on players.

Despite all that, the deadline day spending of £150m is a new record and takes the total spending for the month up to £430m - which is an obscene amount of money.

3 - Aubameyang's move sparked a three-pronged striker shuffle, with Arsenal selling Olivier Giroud to Chelsea who shipped Michy Batshuayi to Aubameyang's former club Borussia Dortmund on loan.

Alexis Sanchez swapped Arsenal for Manchester United as one of the window's most-talked-about deals went through on 22 January, with Henrikh Mkhitaryan going the other way - although Deloitte have not included any fees from this deal in their total for January.

Spending records in transfer windows appear to be getting broken all the time and this season has proved no different. Manchester City had been heavily linked with Sanchez, but switched their attention to a move for Leicester's Riyad Mahrez, which they walked away from on deadline day, 24 hours after paying £57m to make defender Aymeric Laporte their club record signing.

But many clubs actually made a profit this season.

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"International trade has flourished, with the highest ever January gross overseas outlay in Premier League history (£260 million), but also the highest amount of January receipts from abroad (£185 million), with names such as Coutinho and Costa leaving the United Kingdom and Laporte and Aubameyang arriving from abroad".

However, this year produced a trend more commonly associated with the summer windows as total expenditure by clubs in the big six came to £265m.

The Premier League was also the highest-spending league in European football during January ahead of La Liga (£250m/€285m), Bundesliga (£65m/€75m), Ligue 1 (£50m/€55m) and Serie A (£20m/€25m).

"The estimated 2017-18 net spend of £755 million (NZ$1.49b) represents 17 per cent of forecast 2017-18 Premier League revenue, in line with the average over the 15 years since the first transfer window in January 2003".

The Premier League's redistribution programme will invest £443m in all areas of professional sport this season.

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