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Premier League Shells Out £665m - 2017

Premier League Shells Out £665m - 2017

The 20 Premier League clubs spent a combined £665million in 2017's summer transfer window.

Whilst that figure is net spend, it averages out to £33.25million for each club in the top flight but the total spending figure tops out at a new record of £1.413billion.

The net spend figure comes from total sales reaching £780million.

The net spend is equivalent to 14.73% of total club revenue this season, compared to a percentage figure of 14.35% in 2016/17 and whilst that all sounds nice and good, the true spending figures speak for themselves and weren't we always told the new television deals wouldn't inflate transfer spending to ridiculous new levels.

The PremierLeague.com obviously talk about how clubs are committed to supporting local communities and the wider football pyramid in general and it points out that the Premier League (with the backing of clubs) runs the most comprehensive redistribution programme in professional sport and in the remainder of the current campaign, it's estimated that £443million will be spent in those areas.

But this is about the numbers isn't it.

Net Transfer Spends By PL Clubs In Windows
Window
Spend
Sales
Net
Revenue
Net Spend %
Sum 2014
£809.6m
£423.2m
£286.5m
£3.368bn
11.48%
Win 2015
£118.2m
£81.7m
£36.4m
1.10%
Sum 2015
£858.6m
£426m
£432.6m
£3.648bn
11.86%
Win 2016
£177.5m
£68.6m
£108.9m
2.99%
Sum 2016
£1.12bn
£484.5m
635.6m
£4.429bn
14.35%
Win 2017
£236.7m
£240.7m
-£4m
-0.09%
Sum 2017
£1.413bn
£748m
£665m
£4.514bn*
14.73%


Bloggers

Writer:Site Staff
Date:Saturday September 2 2017
Time: 9:45AM

Comments

0
An amazing amount of comings and goings,a net spending of £665 million pounds.If the Premiership clubs limited spending say just for one year to a total of half of this an amazing amount of good could be done for those who live in third world countries.Just for a single year millions of lives could be saved and the game would not suffer a notch for doing so.The UK would command respect,others would follow our example,what an amazing thing could be achieved fairly easily.It alas will never happen.Footballers will get richer and richer,already most in the top flight have so much money they don't know what to do with it all. The game if it carries on like this will destroy itself,spending at this kind of level is obscene and morally wrong.The rich should carry some responsibility to care for those who are less fortunate in life.Please,just for a year do something good,something that will have a far reaching effect. Looking through this list it's the same group of clubs who are spending the most,buying success.Teams should be limited to how much they can spend,a proportion of their players should be local lads,there should be a set limit on how many overseas players each club can have at a given time.These things would improve the British game,improve the home nation's chances in tournaments.So many changes for the better are out there waiting for someone to show them the way,I doubt in my lifetime I will see any change for the better.
Le Hane
02/09/2017 18:43:00
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