EPL clubs spend record 1.4 billion pounds in transfers

02 September,2017 10:17 AM IST |  London  |  AFP

English Premier League clubs spent a record 1.4 billion pounds on players in a summer transfer window but were still living 'well within their means' according to figures published by football analysts Deloitte yesterday


English Premier League clubs spent a record 1.4 billion pounds on players in a summer transfer window but were still living 'well within their means' according to figures published by football analysts Deloitte yesterday.

The window, which closed in England on Thursday, also saw teams from English football's top tier set a new deadline day spending record of £210m. The late splurge took the league's overall transfer spending figure since the very first transfer window in January 2003 past £10 billion.

The total amount spent by Premier League clubs in this transfer window was up 23 per cent on last year's record figure. EPL clubs have also broken the record for spending in a single season (£1.430 million) and calendar year (£1.645 million). But with several potential deals collapsing late, the league's net spend was £20 million below last summer's record of £685 million.

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