Premier League clubs spend £ 1.26 BILLION on new players this summer



[ad_1]

The coronavirus pandemic was poised to usher in a new era in the world of soccer: After years of extravagant spending, a time of great financial certainty was coming.

When the pandemic hit, the world of sport came to a halt and many argued that soccer would be the hardest hit. There was no going back.

Questions began to emerge: how the clubs will get through the brunt of the crisis, before the parties began their desperate attempts to strain their pockets.

Thomas Partey was the biggest deal of the deadline day, with Arsenal signing him for £ 45 million.

Thomas Partey was the biggest deal of the deadline day, with Arsenal signing him for £ 45 million.

The Partey shirts begin to be sold in the Arsenal club store after paying Atlético its termination clause

The Partey shirts begin to be sold in the Arsenal club store after paying Atlético its termination clause

Kai Havertz's move to Chelsea from Bayer Leverkusen was the biggest deal of the summer

Kai Havertz’s move to Chelsea from Bayer Leverkusen was the biggest deal of the summer

PREMIER LEAGUE – SUMMER TRANSFER WINDOW
Club This window Last summer £ Up / Down
Chelsea £ 231m £ 40 million Up
City man £ 141.9 million £ 132.3 million Up
Tottenham £ 85.9 million £ 101.5 million Down
Man united £ 84.6 million £ 147 million Down
Leeds £ 82.4 million £ 0 Up
Aston Villa £ 79.4 million £ 129.5 million Down
Arsenal £ 77.4 million £ 145 million Down
Wolves £ 73.6 million 65 million pounds Up
Liverpool £ 72.5 million £ 4.4 million Up
Everton £ 62.6 million £ 119.5 million Down
Leicester £ 55.8 million £ 76 million Down
Sheffield United £ 50.5 million £ 41 million Up
Southampton £ 36.2 million £ 49.5 million Down
Newcastle £ 34.9 million 65 million pounds Down
Fulham £ 27.2 million £ 33.3 million Down
West brom £ 22.3 million £ 19.4 million Up
West Ham £ 20 million £ 79.8 million Down
crystal Palace £ 16 million £ 10.5 million Up
Brighton £ 6.3 million £ 65.5 million Down
Burnley £ 1 million £ 12.5 million Down

The likes of Liverpool and Tottenham controversially decided to put staff on leave when it happened, before turning their decisions 180 degrees after a huge backlash from English fans, while Arsenal was another to lay off 55 employees. later to lessen the financial impact even letting go of the club’s iconic Gunnersauras mascot on the day of the deadline to save some money.

Furthermore, over the past few months, high-level clubs have been pleading with the government to allow fans to return to the games, as it is their main source of income, while they have argued that they cannot help rescue the £ 250 million from the EFL.

Yet seven months after football came to a halt, Premier League clubs have just spent an incredible £ 1.26BILLION on the summer transfer market. Yes, you heard right.

Frank Lampard also spent a lot on RB Leipzig's fellow German international Timo Werner

Frank Lampard also spent a lot on RB Leipzig’s fellow German international Timo Werner

HOW MUCH HAS BEEN SPENT SINCE 2015?

* Only summer transfer period *

2020 – £ 1.26bn

2019 – £ 1.41 billion

2018 – £ 1.30 billion

2017 – £ 1.46 billion

2016 – £ 1.25bn

2015 – £ 1.10 billion

This summer, Premier League clubs emphatically dispelled the myth of hard times ahead as they frantically searched for ways to strengthen their squads to make a statement of intent.

In fact, despite these record times, spending this summer is down just 10 percent on the five-year average.

However, national deals between Premier League clubs and the EFL can still be made until October 16, which means there is plenty of time for the figure to continue to rise.

In 2015 and 2016 alone, Premier League clubs spent slightly less than they did this summer, with the top 20 clubs releasing £ 1.10 billion and £ 1.25 billion respectively.

But in 2019, Premier League clubs paid out £ 1.41 billion, while in 2018 it was £ 1.30 billion, and in 2017 it was £ 1.46 billion.

And while many cited the struggles that awaited them amid the pandemic, five clubs also broke their transfer records this summer.

Chelsea spent £ 72 million on Bayer Leverkusen’s Kai Havertz and Wolves shelled £ 35.6 million on Porto’s young Portuguese Fabio Silva despite a lack of first-team matches to their credit.

Additionally, Aston Villa spent £ 28 million on Brentford’s Ollie Watkins, newly promoted Leeds gave Valencia £ 27 million for Rodrigo, while Sheffield United bought Liverpool’s Rhian Brewster for £ 23.4 million.

Chelsea’s successful £ 72m pursuit of Havertz paved the way in terms of increased Premier League purchases this summer.

Ruben Dias wears his new Manchester City colors after signing for Benfica this summer

Ruben Dias wears his new Manchester City colors after signing for Benfica this summer

Manchester United closed the day for the signing of Alex Telles from Porto

Manchester United closed the day for the signing of Porto Alex Telles

FIVE BIGGER PURCHASES

1) Kai Havertz (Chelsea) – £ 72 million

2) Ruben Dias (Man City) – £ 61.2 million

3) Timo Werner (Chelsea) – £ 47.7 million

4) Ben Chilwell (Chelsea) – £ 45.2 million

5) Thomas Partey (Arsenal) – £ 45 million

Manchester City are second in that table after dumping £ 61.2 million on Benfica’s Ruben Dias, bringing Pep Guardiola’s spending on City’s bottom line above a staggering £ 400 million. pounds.

Timo Werner’s £ 47.7 million arrival at Chelsea was the third most expensive transfer this summer, while Ben Chilwell’s £ 45.2 million move to Stamford Bridge ranks fourth.

And finally, Arsenal’s deadline day of signing Thomas Partey from Atlético de Madrid to a £ 45 million deal makes up the top five after they paid the Spanish team’s buyout clause.

So while gloomy times seemed to be on the horizon in England, the Premier League tore that theory to pieces despite citing its financial concerns.

In fact, after a hectic deadline day, the Premier League took its net spending to more than a staggering £ 800 million.

But the same cannot be said for the other elite European leagues. Net spending in the Bundesliga, La Liga and Serie A fell dramatically from last summer’s numbers.

In England, however, it does not appear that the Premier League is going to restrict their spending on transfers in the short term, regardless of the obstacles in front of them.

Leeds sealed a £ 21 million last minute deal for Brazilian winger Raphinha de Rennes

Leeds sealed a £ 21 million last minute deal for Brazilian winger Raphinha de Rennes

[ad_2]