The summer window had closed and it had almost everything, biggest signing of history, players returning to former clubs, Europe’s best managers back in business with new clubs, big money signings, shock moves and Arsene Wenger signing players.
We see the total spendings of Europe’s ‘big five’ top-flight divisions.
1. EPL- £1.165bn
2. SERIE A – £590m
3. BUNDESLIGA – £460m
4. LA-LIGA – £400m
5. LIGUE 1 – £165m
With the TV money involved in English football, clubs in England can out pay any big club around the globe if they really want any player, even the clubs which are not in top flight English football can compete with any club when it comes to money. Aaron Villa, relegated to second division spent more than Real Madrid.
Premier League clubs spent more than £155m on transfer deadline day as the summer window outlay reached a record £1.165bn.
Teams had already spent a combined £1.005bn as of 08:30 BST on Wednesday, shattering last year’s record £870m.
Thirteen top-flight teams broke their own transfer records.
The 20 clubs in the Premier League have benefited from a record £5.1bn television deal which came into effect this season.
“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 analysts Deloitte.
-The average gross spend for a Premier League club in the 2016 summer window was about £60m
– The total of £155m spent by Premier League clubs on deadline day broke the previous record of £140m set during the summer 2013 window
– The four Premier League clubs competing in this season’s Champions League – Arsenal, Leicester City, Manchester City and Tottenham Hotspur – had a combined gross transfer spend of about £385m – representing about a third of the aggregate gross transfer spend by Premier League clubs
– Since the introduction of the transfer window system, gross player transfer spending has exceeded £8.6bn, with more than 80% of this being spent in summer transfer windows
– Not only did this year’s figure of £1.165bn break the record set this time last year, but it also dwarfed the £215m spent during the first window in the 2003-04 campaign.
– Such financial strength owes much to the record £5.136bn domestic TV deal, which was more than £2bn larger than the previous contract, which ran from 2013 to 2016.
– Ex-England winger Trevor Sinclair said: “There’s so much money in it for a reason – supply and demand.
– “People demand to see the Premier League. If anyone is going to get the financial gain, surely it has to be the players, they are the ones who make it happen.”
Below is a list of the biggest fees spent by Premier League clubs during the 2016-17 summer transfer window:
Clubs flex financial muscle
The clubs who broke their transfer records
Paul Pogba (£89m)
Jordon Ibe (£15m)
Sadio Mane (£36m)
Didier N’Dong (£13.6m)
Christian Benteke (£32m)
Ryan Mason (£13m)
Andre Ayew (£20.5m)
Nacer Chadli (£13m)
Islam Slimani (£29m)
Roberto Pereyra (£13m)
Sofiane Boufal (£16m)
Jeff Hendrick (£10.5m)
Borja Baston (£15.5m)
The two Manchester teams each spent more than £150m in the window.
Championship heavyweights spent big too, the English Championship was in fact the fifth-biggest spending league in Europe, beating the amount spent by France’s Ligue
– There was a record £215m gross spend by Championship clubs, more than twice the previous record. However, the disparity of wealth between last season’s relegated clubs and seasoned Championship campaigners was once again highlighted.
-Newcastle and Aston Villa made use of the £64m parachute payments – guaranteed after dropping down a division – and spent more than £110m between them during this window.
-Villa’s outlay was more than £60m. It included the £11m spent to buy striker Jonathan Kodjia from Bristol City – that might rise to a Championship-record fee of £15m – and the £12m paid to Fulham for forward Ross McCormack.
– The Magpies finished the window with a net profit of more than £30m, despite spending more than £54m on players. That was largely as a result of the Championship-record £30m deadline-day sale of midfielder Moussa Sissoko to Tottenham.
– Norwich City, who lost a year’s worth of parachute payments having stayed in the Premier League for only one season, spent about £15m.
– Wolves, under new Chinese ownership, paid a club-record £7m for Monaco forward Ivan Cavaleiro – that was the 13th signing of the summer, bringing their total spend to £14m.
– By contrast, league newcomers Burton Albion spent a club-record £300,000 on midfielder Jackson Irvine from Ross County.
This season could be really huge for English football all together, with the kind of money being spent and the managers that have come to the league, English football ought to be back on the European scene.
The competition within the league is also gonna be immense with the kind of signings made by mid table clubs like Everton, West Ham, Southampton, Crystal Palace and last year’s Champions, Leicester City to compete with league’s giants Manchester United, Liverpool, Chelsea, Manchester City, Arsenal and Tottenham Hotspur who look to prove their authority in the league after a dismal last season and they’ve showed their intent with their summer recruitment.