The money raining English premier league again proved why this is the fastest money rolling soccer tourney is the world. The English research and business advisory firm Deloitte issued the details of money every league side spent in just concluded winter transfer window. According to their findings, league sides collectively spent 950 million pounds making them one of the fastest growing group of clubs. February 2 was the busiest day for sides willing to hire or fire players and it witnessed some 80 million pounds changing hands in last twenty hours of the transfer deadline. The top four sides, like always, spent more than other sides; however, Manchester United is an exception as they did not copy their summer run when they were the highest spending English side. Chelsea, Arsenal, and Manchester City mutually shared more than fifty percent of the total English spending over players. Notably, current figure is much shorter than EPL’s 2011 record when English clubs threw a mammoth 1175 million dollars.
If we scan where the players are moving to or coming from, more than half of them roamed outside England while around forty percent spending was done on fellow English sides and remaining outlay is shared by Football League clubs. Deloitte’s partner in the Sports Business Group Dan Jones said about their latest findings, “Given the record level of spending seen in the summer, it is not entirely surprising that we haven’t seen a new record for the January window. However, with all Premier League clubs recording record revenues, we might have expected one or two more major deals in this window.
“Despite the relative restraint we have seen in the January window, 2014-15 is still a record season for Premier League spending. Last season saw Premier League spending surpass the 700 million-pound threshold for the first time, and the revenue growth at Premier League clubs is such that they have been able to record a combined transfer spend this season of over 950 million pounds.”
Nonetheless what the current research finds, the figure falls short of expected amount for a January transfer window and experts blame this shortfall to FFP retractions that did not let most high profile clubs spend full to their tune. Anyways, Italy is the biggest partner for league sides followed by Germany and Spain. Leaving apart these interesting facts about English topflight, let us concentrate over upcoming mega showdowns of current season and expect the best soccer action in your way!